GULF STEEL BILLET, REBAR: Prices mostly stable, demand moderate

July 01, 2020 / www.metalbulletin.com / Article Link

The prices paid for steel rebar and billet in the United Arab Emirates were mostly stable this week but demand is still moderate, market sources said on Tuesday June 30.

Some steel rebar import deals were heard from Oman during the week, with the price for rebar imports rising in the country, sources said.
Domestic rebar

Local mills in the UAE were offering rebar at 1,770-1,774 dirhams ($482-483) per tonne ex-works, unchanged since...

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