27
Jun
14:27
Bahrain, Kuwait rebar prices slide
In Bahrain, retail rebar prices have stabilised at BD 295/tonne ($784) delivered, compared to BD 295-300/t on Monday last week. For large quantities, prices may drop to BD 290/t delivered.
Ex-United Arab Emirates rebar is offered at $722/t delivered to buyers' yard in Bahrain, and the Saudi tier-1 mill's price is expected to be revealed this week, as it typically comes after UAE prices are released. Market sentiment is better than last week…
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Anonymous
Very good overview of the weekly steel market.
Anonymous