GULF STEEL BILLET, REBAR: Long steel prices fall, demand weak

Prices for steel rebar in the United Arab Emirates fell in the seven days to Tuesday July 28, with demand weakening ahead of the Eid Al-Adha holiday across the region, market sources told Fastmarkets.

The country’s biggest producer Emirates Steel kept its rebar price unchanged at 1,773 dirhams ($473) per tonne ex-works for orders to be produced in August.
Domestic rebar

UAE local mills were offering rebar...


Serife Durmus

July 28, 2020

15:47 GMT