Import and domestic prices for rebar and billet in the United Arab Emirates (UAE) decreased this week, with demand weak, sources told Fastmarkets MB on Thursday December 27.
Domestic rebar
Local rebar producers had previously announced reduced prices for January production on December 20.
The country's largest producer, Emirates Steel, was offering rebar at 1,899 dirhams ($517) per tonne ex-works, down from the previous 2,016 dirhams per tonne ex-works for January production while...