Domestic rebar prices in the United Arab Emirates continued to fall this week, while imported rebar prices were stable, sources said on Tuesday November 3.
Domestic rebar
The country's steel producers were offering rebar at 1,936 dirhams ($527) per tonne ex-works for orders to be produced in November, stable since September 15.
But deal prices were at around 1,790-1,800 dirhams per tonne ex-works,
widening down from 1,790-1,800 dirhams per tonne ex-works last week.
As a result, Fastmarkets' weekly price...