The price level of imported rebar in the UAE market is at AED 4,150-4,200/mt ($1,130-1,143/mt) delivered to site on a theoretical weight basis for three-to-four month deferred payment, excluding VAT.
Traders in the UAE domestic rebar market have been pushing for above AED 4,200/mt ($1,143/mt).
On the import side, Turkish producers are offering at the price level of $1,030/mt CFR and above on a theoretical weight basis.