19
Jun
14:32
Bahrain rebar prices decline, Matana Steel suspends operations
Rebar prices in Bahrain have fallen further amid a subdued market, and small-capacity rebar producer Matana Steel has suspended production. Only Universal Rolling (Unirol) continues to operate in the local market, Kallanish learns from market sources.
This week in Bahrain, delivered rebar prices in the retail segment have dropped to BD 247-248/tonne ($657-660) from last week's BD 250/t, both on a 60 days credit basis.
A trader concluded a deal with a loc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous