GULF STEEL BILLET, REBAR: Prices keep increasing; buying moderate

The prices paid for steel rebar and billet in the United Arab Emirates continued to increase this week, although buying was moderate, market sources said on Tuesday August 11.

Domestic rebar
The country's rebar producers were still offering the product at 1,770-1,773 dirhams ($482-483) per tonne ex-works for August-production orders, Fastmarkets understands

Local producers are due to announce new rebar prices after August 20 and most market participants expect...

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