GULF STEEL BILLET, REBAR: Long steel prices fall, demand weak

July 29, 2020 / www.metalbulletin.com / Article Link

Prices for steel rebar in the United Arab Emirates fell in the seven days to Tuesday July 28, with demand weakening ahead of the Eid Al-Adha holiday across the region, market sources told Fastmarkets.

The country's biggest producer Emirates Steel kept its rebar price unchanged at 1,773 dirhams ($473) per tonne ex-works for orders to be produced in August.
Domestic rebar

UAE local mills were offering rebar...

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