It is heard that merchant bar prices continue to soften in Dubai's domestic market, where demand levels are currently low due to the Ramadan.
Accordingly, Spanish traders are offering merchant bars for Dubai domestic market at AED 3,500-3,900/mt ($953-1,062/mt) delivered to customer, excluding VAT, on theoretical weight basis for 60-day deferred payment.
AED1 = US$0.272272