According to market sources, rebar prices in the local Omani market have showed little change during the past week and are currently in the range of $500-510/mt ex-works.
Meanwhile, ex-Turkey rebar offers to Oman are now in the range of $440-445/mt CFR, while Chinese offers to the country are approximately at $390-400/mt CFR. Market sources state that demand in the Omani rebar market is currently at medium levels.