GULF STEEL BILLET, REBAR: Import, domestic prices fall in slow market

August 18, 2021 / www.metalbulletin.com / Article Link

Demand for steel rebar and billet remained limited in the United Arab Emirates in the week to Tuesday August 17, with prices already falling and some market participants expecting them to drop even further, sources told Fastmarkets.

The lower prices for billet and rebar imports are expected to have a knock-on effect on the domestic market, where prices are also expected to decline because of weak demand and falling raw materials prices globally.

A lack of new projects is adding to the downward pressure on prices and UAE buyers...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok