Ukrainian rebar producer Arcelor Mittal Kriviy Rih is offering rebars for export to the Middle East at $675-680/mt FOB on actual weight basis for March shipment.
With the end of the Orthodox Christmas holiday, the prices in the Ukrainian rebar market have initiated an upward movement, as previously expected. The high domestic prices and the tight billet supply in the Middle East have been favoring the increase of the Ukrainian prices.