GULF STEEL BILLET, REBAR: Weak demand pushes some prices down

August 26, 2020 / www.metalbulletin.com / Article Link

Prices for steel rebar and billet in the United Arab Emirates decreased slightly this week because of weak demand, market sources said on Tuesday August 25.

Domestic rebar

Rebar producers in the UAE have been offering the product at 1,800-1,830 dirhams ($490-498) per tonne ex-works for orders with September-production  since August 17, with deals heard over the week at 1,750 dirhams per tonne ex-works.
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