UAE’s Conares Steel increases rebar price

Conares Steel has increased its rebar price to 1,950 dirhams ($531) per tonne ex-works for August delivery, an executive with the Dubai-based company told Fastmarkets on Wednesday July 17.

The steelmaker’s previous rebar price was 1,880 dirhams per tonne ex-works.

The domestic price of rebar in the United Arab Emirates has been unchanged since late...


Serife Durmus

July 17, 2019

13:58 GMT