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19 Feb

Bahrain rebar retail prices drop

Rebar retail prices in Bahrain are dropping by BD 5/tonne ($13.3) weekly amid subdued demand. This week, contractors are being offered rebar at BD 255/t ($678) for small tonnages, while larger quantities are available at BD 250/t, on credit and delivered to the buyer's yard, Kallanish notes. The local mill is offering rebar to traders at BD 240-245/t ($638-652), while import quotes from Saudi Arabia are at $605/t and from Qatar at $620/t, all delivered against…
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