01
Jul
15:20
Outdoor work restrictions impact Bahrain rebar demand
Traders in Bahrain expect the country’s monthly rebar market size to drop from 15,000 tonnes to 10,000-12,000t in July and August due to restrictions on outdoor working hours from 12:00-16:00. The country is experiencing hot weather, so demand is tightening, Kallanish notes.
This week, traders are awaiting Saudi and Qatari rebar price offers for July deliveries. Local mills have not yet set their July prices, but a change is unlikely from June’s B…
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Anonymous
Very good overview of the weekly steel market.
Anonymous