Rebar prices in the Kuwaiti
rebar market have remained stable since last week at KWD 190-195/mt ($667-684/mt) ex-works, on theoretical weight basis, while Turkish
rebar offers to the region are still at $605-6015/mt CFR on theoretical weight basis, indicating no changes over the same period.
Import
rebar demand has remained weak in
Kuwait and the general stagnancy in terms of buying activity witnessed in the Middle Eastern markets has also been felt in the Kuwaiti market.
KWD 1 = $3.51