UAE billet, rebar import prices rise but domestic rebar yet to follow

Billet and rebar import prices into the UAE have increased this week, but domestic rebar prices were unchanged, Metal Bulletin heard on Tuesday August 8.

Iran was offering billet at $485-490 per tonne cfr, while offers from Oman came in at $500 per tonne cfr. A total of around 10,000 tonnes of billet was booked from Oman at $497 per tonne cfr. Metal Bulletin’s weekly...


Serife Durmus

August 08, 2017

15:20 GMT