GULF STEEL BILLET, REBAR: Billet import prices fall, local rebar prices rise

Prices for imported billet in the United Arab Emirates fell this week on lower offers, while strong demand pushed up domestic rebar prices, sources told Metal Bulletin on Tuesday March 27.

Demand for imported rebar in both the UAE and Saudi Arabia remained weak, however.
Domestic rebar
The major rebar producers in the UAE announced new rebar prices on Monday, March 26

The biggest steel producer, Emirates Steel, increased its rebar price to 2,412 dirhams ($657) per tonne ex-works for April...


Serife Durmus

March 27, 2018

16:40 GMT