Prices for steel billet and rebar were mostly stable in the United Arab Emirates during the week to Tuesday April 27 because of weak demand during the Islamic holy month of Ramadan, sources told Fastmarkets.
Working hours are reduced during Ramadan and the month is traditionally a period of low trading activity for the Middle East region, Fastmarkets understands.Rebar producers in the UAE rolled over their prices again on April 16 so market sources reported no change...