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05 Dec
10:24

Rebar prices fall in Kuwait, Oman stable

In Kuwait, the local mill has lowered its December-delivery 8-40mm diameter rebar price by KD 2 on November quotes to KD 188/tonne ($613) ex-mill, on a cash payment basis. A re-roller in United Arab Emirates is heard offering rebar at AED 2,180/t ($594) delivered to Kuwait on a letter-of-credit at-sight basis. In the retail segment, rebar is being transacted at KD 190-192/t delivered on cash payment, Kallanish learns. The l…
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