Ukrainian rebar producer Arcelor Mittal Kriviy Rih is offering rebars for export to the Middle East at around $550/mt FOB on actual weight basis for late December shipment.
As a result of the increasing billet prices in the CIS market, the Ukrainian rebar offers for export have also started to rise. Arcelor Mittal Kriviy Rih is not selling material to traders for Algeria; instead, the producer is concluding direct sales at special prices to its warehouse in this North African country, which is the most important export market for Ukraine.