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02 May

Local mill rolls over rebar price in Kuwait

In Kuwait, the local mill has rolled over its 8-40mm diameter May-delivery domestic rebar price at KD 205/tonne ($668.5) loaded on truck, on a letter-of-credit at-sight basis, for the second consecutive month, Kallanish learns from market sources. In the retail segment, local and imported rebar (from the United Arab Emirates and Saudi Arabia) is being transacted at KD 206-208/t and KD 201-202/t respectively delivered on cash payment. "The…
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