Rebar price in UAE market

Thursday, 05 October 2006 15:57:48 (GMT+3)   |  
The price level of rebar in the local UAE market is at AED 2,050-2,060/mt ($558-561/mt) delivered to site on a theoretical weight basis for 5-month deferred payment, excluding VAT. Prices have retained their levels of last week. Some sources have stated that they are being forced to conclude contracts at these levels as the demand in the domestic market has slowed down.

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