Qatar Steel increases its rebar offers

Thursday, 26 November 2015 16:35:27 (GMT+3)   |   Istanbul
       

According to market sources, Qatari steelmaker Qatar Steel has increased its rebar offers for December production by QAR 80/mt ($22/mt) compared to its price levels for November production to QAR 1,480/mt ($407/mt) ex-works. Market sources state that the rise in Qatar Steel's rebar prices is higher than expected as a reflection of very lively demand conditions and due to the lack of pressure on the Qatar-based producer to conclude sales.
 
$1 = QAR 3.64

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