GULF STEEL BILLET, REBAR: Rebar prices up, billet prices yet to respond

Prices for imported and domestic rebar in the United Arab Emirates have increased over the past seven days, but billet import prices have decreased, sources said on Tuesday July 16.

The reason behind the higher price for rebar was that local prices have been low in the UAE since late May but demand has now become stronger in the country. Domestic rebar The domestic rebar market in the UAE has improved compared with previous weeks when buying activity was very low. The UAE’s largest producer, Emirates Steel, was offering...

Published

Serife Durmus

July 16, 2019

17:02 GMT

Bursa