The price for steel rebar imported into the United Arab Emirates increased this week because of high production costs, market sources said on Tuesday September 1.
Domestic rebar
Since August 17, rebar producers in the UAE
have been offering the material at 1,800-1,830 dirhams ($490-498) per tonne ex-works for orders to be produced in September, and deals were heard during the week at 1,730-1,800 dirhams per tonne ex-works.