GULF STEEL BILLET, REBAR: Import prices up slightly, local prices stable

The price of steel rebar imported to the United Arab Emirates increased this week because of high production costs, market sources said on Tuesday September 8.

Since August 17, producers in the UAE have been offering rebar at 1,800-1,830 dirhams ($490-498) per tonne ex-works for September production, with deals heard over the past week at 1,730 dirhams per tonne ex-works, sources said. 
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