It is heard that the offers given for small and medium sized merchant bars in Dubai's domestic market have remained at the same levels as compared to the last month. In this market demand continues to be slack, while no purchases have been heard recently.
Accordingly, the traders are offering import merchant bars for the Dubai domestic market at AED 2,900-3,000/mt ($789-816/mt) delivered to customer, excluding VAT, on theoretical weight basis for 90-day deferred payment.
AED 1 = US$0.272162