GULF STEEL BILLET, REBAR: Rebar prices unchanged, billet import prices up on rebar demand

Local and import rebar prices in the United Arab Emirates and Saudi Arabia remained unchanged this week while the price of billet imports into the UAE increased, sources told Metal Bulletin on Tuesday February 20.

Demand for locally produced rebar in the UAE was still strong.
Domestic rebar
The major rebar producers in the UAE rolled over their prices for March and April production.

The country’s biggest producer, Emirates Steel, rolled over its rebar price of 2,340 dirhams ($637) per tonne ex-works, while rebar from Conares Steel was still...

Published

Serife Durmus

February 20, 2018

14:45 GMT

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