SteelOrbis has learned that the UAE-based steel producer Conares Metal Supply has announced its ex-works prices for June production 8-32 mm rebar as per BS4449:1997 46B and BS4449:2005 B500B at AED 2,500/mt ($681/mt) for payment via letter of credit. Conares' June production prices have remained unchanged as compared to its May rolling prices.
$1 = AED 3.673