Rebar price levels in Kuwaiti domestic market

Local production rebar prices in the Kuwaiti domestic market are currently at the price level of KWD 160/mt ($548/mt), whereas the Chinese origin material price levels are at KWD 140-150/mt ($478-512/mt) and the Turkish material price level is at KWD 150/mt ($512/mt); all prices are on theoretical weight basis and ex-warehouse. End-user demand for rebars is flat in this market for the time being.