In the Jordanian domestic rebar market end-user demand has increased over the last three weeks. The main reason for this rise in demand has been indicated as the commencement of the construction season. In this market, medium sized rebar prices are currently standing in the range of JOD 450-460/mt ($635-649/mt), including eight percent VAT, for 30-45 day deferred payment.
JOD 1 = US$1.41143