The price of rebar imported into the United Arab Emirates fell in the week to Tuesday November 6, on continuing limited demand.
The billet import market was also slow because mills in the UAE have enough billet in stock to last for more than two months, sources told Fastmarkets.Domestic rebarLocal producers were still offering rebar at 2,016 dirhams ($549) per tonne ex-works this week.And Fastmarkets' weekly price assessment for domestic rebar in the UAE was unchanged at 2,015-2,016 dirhams per tonne ex-works on...