GULF STEEL BILLET, REBAR: Reduced prices fail to stir demand

January 03, 2019 / www.metalbulletin.com / Article Link

Import and domestic prices for rebar and billet in the United Arab Emirates were stable this week, with demand remaining poor, sources told Fastmarkets on Wednesday January 2.

Domestic rebarLocal rebar producers had announced on December 20 that there would be reduced prices for material to be shipped in January. These prices came into effect at the time of the announcement.The country's largest producer, Emirates Steel, was offering rebar at 1,899 dirhams...

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