GULF STEEL BILLET, REBAR: Market slow while buyers wait for new prices

June 23, 2021 / www.metalbulletin.com / Article Link

The steel rebar and billet market in the United Arab Emirates was slow because buyers are waiting for new local rebar prices to be announced, sources told Fastmarkets on Tuesday June 22.

Local rebar producers should announce their new prices soon, sources said.
Some market participants expect prices to roll over, while other expect discounts due to weak global prices.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey was $730-765 per tonne on June 17, widening from $745-760 per tonne on...

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok