Jordanian rebar market moves sideways

In this week's Jordanian domestic market, rebar prices are ranging at JOD 620-625/mt ($874-881/mt) ex-works on actual weight basis, including eight percent local taxes and for 30-day deferred payment.
 
While the Jordanian domestic market has not shown any significant changes as compared to previous weeks, rebar demand has remained at normal levels. Finished steel import volumes and rebar demand are not anticipated to improve in the short term in the local Jordanian market which has been affected negatively by the political turbulence in Syria.
 
JOD 1 = $ 1.41