Prices for billet and rebar in the United Arab Emirates were stable this week amid continuing weak demand, sources told Fastmarkets on Tuesday April 16.
Domestic rebar Local rebar producers in the UAE kept their prices unchanged for May production, with demand expected to remain poor due to the Islamic holy month of Ramadan starting early in the month. Observance of Ramadan among Muslim communities typically results in shorter working days and reduced demand for material. The country's largest producer, Emirates Steel,...