Import rebar offers in the local Yemeni market

Import rebar price levels have indicated a rebound of $10/mt in Yemen's domestic market as compared to last week. Accordingly, medium sized rebar offers given by local traders to their domestic market are at the level of $550-560/mt ex-warehouse, excluding VAT, for cash payments and on theoretical weight basis. End-user demand has been standing at normal levels in Yemen's domestic market where prices have shown some fluctuations.