Silence in Yemeni domestic rebar market

In Yemen's domestic market, this week local traders' offers of imported medium sized rebars are standing at the levels of $630-635/mt ex-warehouse, for cash payment and on theoretical weight basis. Turkish producers' rebar offers to the Yemeni market are standing at the level of $550/mt CFR on theoretical weight basis. In the Yemeni market, where activity has slowed down, buyers continue to postpone their purchases from Turkish producers.