GULF STEEL BILLET, REBAR: Import rebar prices up slightly, but demand still weak

By Serife Durmus / September 04, 2018 / www.metalbulletin.com / Article Link

Prices for imported rebar in the United Arab Emirates increased during the week ending Tuesday September 4, even though demand continued to be limited, sources told Metal Bulletin.

Market activity has failed to improve since the Islamic Eid al-Adha holiday at the end of August.Domestic rebarThe biggest steel producer in the UAE, Emirates Steel, was still offering rebar at 2,178 dirhams ($593) per tonne ex-works for September rolling,...

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