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, imported medium sized rebar offers given by local traders to their domestic market are at the price level of $575/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 been showing some fluctuations.