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

Local and imported rebar prices in the United Arab Emirates and Saudi Arabia remained unchanged this week although the price of billet imports into the UAE increased, sources told Metal Bulletin on Tuesday February 27.

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 last week.

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 on offer at 2,332 dirhams per tonne ex-works,...

Published

Serife Durmus

February 27, 2018

15:16 GMT

Bursa