Buying activity stagnant in Kuwaiti rebar market

This week, rebar prices in the Kuwaiti rebar market have remained stable since last week at KWD 190-195/mt ($673-690/mt) ex-works, on theoretical weight basis, while demand is low as buyers maintain their  wait-and-see stance. No recovery is expected in the Kuwaiti rebar market in the coming days in terms of trading volume.
 
On the other hand, Turkish rebar offers to the region are still at $605-6015/mt CFR, indicating no change over the same period.
 
KWD 1 = $3.54