GULF STEEL BILLET, REBAR: Domestic prices increase, demand strong

Domestic prices for steel rebar in the United Arab Emirates have increased over the past week on strong demand, market sources told Fastmarkets on Tuesday December 3.

Prices are expected to continue climbing due to the global rise in production costs and low stock levels in the country, sources in the UAE said.
Billet imports

Billet was booked from Oman at about $425-435 per tonne cpt, while offers from...

Published

Serife Durmus

December 03, 2019

14:47 GMT

Bursa