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29 May

Bahrain rebar retail prices soften over poor demand

Bahrain's rebar retail prices have softened to BD 250/tonne ($665) from last week's BD 251-255/t, both delivered on a credit basis for 60 days, notes Kallanish. Local producer Universal Rolling Mill (Unirol) is quoting rebar at around BD 240-243/t delivered on a credit basis, subject to quantities and payment terms. It is preparing to undertake its maintenance shutdown in early July for nearly two weeks. Saudi and Emirati mills are expected to announ…
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