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18 Jan

Kuwait mills hike rebar tags

Kuwait’s two rebar mills have increased rebar prices each to KD 195/tonne ($633) loaded on truck, effective immediately, local market sources inform Kallanish. They previously rolled over their rebar prices from December for January deliveries, at KD 184/t and KD 180/t respectively (see Kallanish passim). Last month, local sector participants anticipated the Kuwaiti benchmark mill would elevate local rebar tags for January rolling due to increased direct re…
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