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.
The price levels in the UAE market are in line with last week's levels.
On the other hand, for the time being buyers in this market are not warm in their approach to price levels given from Turkey of $1,030/mt CFR and above on a theoretical weight basis.