And billet import activity is likely to remain slow for another week or two, depending on local demand for rebar, they added.
Domestic rebar
The country’s steel producers have been offering rebar at 2,590-2,735 dirhams ($705-744) per tonne ex-works for February production
since last week, and increase on the late-December deals, which were done at 2,259-2,295.5 dirhams ($615-625) per tonne ex-works, for orders to be produced in January.
