Rebar price level in UAE

Tuesday, 01 July 2008 16:20:02 (GMT+3)   |  
       

The price level of local production rebar in the UAE market is at AED 5,770/mt ($1,571/mt) delivered to site on a theoretical weight basis for three-to-four month deferred payment, excluding VAT.

Although rebar prices in the local UAE market have reached the above level, it is possible to see price levels of AED 5,500-5,600/mt ($1,497-1,524/mt) on cash payment basis.


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