SteelOrbis has heard that in this week's Kuwaiti domestic rebar market medium size rebar offers stand in the price range of KWD 220-230/mt ($785-820/mt) ex-warehouse, including taxes, on theoretical weight basis. Following local producers' price hikes, rebar prices in the Kuwaiti market have increased by KWD 5-10/mt ($18-36/mt) as compared to last week. However, no significant change has been observed in the demand level.
KWD 1 = $3.566