Import rebar offers in the local Yemen market

Wednesday, 04 February 2009 14:52:55 (GMT+3)   |  
       

With Turkish mills' rebar export offers to Yemen have shown an increase in the previous weeks, import rebar price levels have also indicated a rebound in the local Yemen market. However, rebar export levels showing some softening in the international markets have led local prices to soften in the Yemen's domestic market. Accordingly, medium sized rebar offers given by local traders to the local market are at the level of 550$/mt ex-warehouse, excluding VAT, for cash payments and on actual weight basis.


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