Rebar prices in the Kuwaiti rebar market have moved on a stable trend over the past week, remaining at KWD 195-200/mt ($686-704/mt) ex-works, on theoretical weight basis, while market insiders report that some deals have been concluded below these levels.
On the other hand, Turkish rebar offers to the region are still ranging at $570-575/mt CFR on theoretical weight basis, showing no changes since last week, while demand for ex-Turkey rebar offers in Kuwait is moderate.
KWD 1 = $3.52
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.