GULF STEEL BILLET, REBAR: Prices keep rising, demand moderate

Steel billet and rebar prices in the United Arab Emirates increased this week, despite only moderate demand, sources said on Tuesday November 17.

Domestic rebar

The country’s biggest steel producer Emirates Steel was offering rebar at 1,984 dirhams ($540) per tonne ex-works for orders to be produced in December, up from the previous price of 1,936 dirhams ($527) per tonne ex-works for orders to be produced in November.
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Published

Serife Durmus

November 17, 2020

16:28 GMT

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