GULF STEEL BILLET, REBAR: Billet prices increase, rebar prices fall

Import prices for steel billet in the United Arab Emirates increased over the past week, while domestic and import rebar values decreased, market sources said on Tuesday October 29.

Domestic prices for rebar for the month were announced by the country’s producers on October 21. Both Emirates Steel and Conares Steel kept their prices unchanged.
Billet imports

One billet booking was made from Oman at about $400-405 per tonne cpt for 10,000 tonnes during the week, while offers from Oman came in...

Published

Serife Durmus

October 29, 2019

14:50 GMT

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