Dubai-based Conares issues domestic rebar prices

Thursday, 22 March 2012 12:32:45 (GMT+3)   |  
       

SteelOrbis has learned that the UAE-based steel producer Conares Metal Supply has announced its ex-works price for April production 8-32 mm rebar as per BS4449:1997 46B and BS4449:2005 B500B at AED 2,499/mt ($680/mt) for payment via letter of credit.
 
Conares' March production prices announced in February were at AED 2,465/mt ($671/mt) on theoretical weight basis.
 
$1 = AED 3.673

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