GULF STEEL BILLET, REBAR: Rebar prices rise again but demand only moderate

August 19, 2020 / www.metalbulletin.com / Article Link

Prices for steel rebar in the United Arab Emirates have continued to increase over the past week but buying was only moderate, market sources said on Tuesday August 18.

Domestic rebar

Since Monday, the country's biggest rebar producer has been offering the product at 1,830 dirhams ($498) per tonne ex-works for orders to be produced in September. This was up from 1,773 dirhams per tonne ex-works for orders to be produced...

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