Rebar demand shows no improvement in Jordan

Tuesday, 03 January 2012 16:18:00 (GMT+3)   |  
       

In the Jordanian domestic rebar market, this week demand has stayed at last week's levels, with buyers continuing to restrict their bookings to a minimum in order to gain a clearer picture of the market trend in the first weeks of the current year.
 
Accordingly, medium sized rebar prices in Jordan are currently standing at the price range of JOD 645-650/mt ($909-916/mt) ex-works, including eight percent VAT, on actual weight basis, for 30-day deferred payment. This price range indicates no change as compared to last week.
 
JOD 1 = $1.409

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