GULF STEEL BILLET, REBAR: Rebar prices increase, demand moderate

Domestic and import prices for steel rebar in the United Arab Emirates increased slightly over the past week amid moderate demand, market sources said on Tuesday December 24.

Market participants in the UAE believe the increases may continue if raw materials prices keep rising.
Local rebar producers announced new prices on December 19.
Billet imports

Billet was offered at $450-470 per tonne cfr, but no major deals were heard this week because...

Published

Serife Durmus

December 24, 2019

14:44 GMT

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