GULF STEEL BILLET, REBAR: Import prices fall with new deals

Price assessments for steel rebar and billet imported into the United Arab Emirates have decreased slightly this week because of lower prices in agreed deals, sources told Fastmarkets on Tuesday March 5.

Demand for rebar in the country remained only moderate. Rebar imports Oman sold rebar to its northern neighbor state at $530 per tonne cpt UAE. Fastmarkets’ weekly price assessment for UAE rebar imports, on a theoretical weight basis, was...


Serife Durmus

March 05, 2019

15:02 GMT