GULF STEEL BILLET, REBAR: Prices fall on moderate demand, good stocks

Domestic and import prices for steel rebar and billet in the United Arab Emirates have decreased over the past week, while demand was moderate, market sources said on Tuesday January 14.

Market participants in the UAE believed that any price changes will depend on raw materials costs, and that demand was unlikely to improve significantly because stock levels were sufficient for the time being.
Local rebar producers announced new prices on December 19.
Billet imports

Billet was offered at...


Serife Durmus

January 14, 2020

15:35 GMT