Rebar prices move up in Kuwaiti domestic market

Monday, 15 April 2013 16:44:03 (GMT+3)   |   Istanbul
Rebar prices in the Kuwaiti rebar market have moved up by KWD 5/mt ($18/mt) since last week to KWD 195-200/mt ($684-702/mt) ex-works, on theoretical weight basis, while the market has remained quiet in terms of trading activity.
 
On the other hand, Turkish rebar offers to the region are ranging at $590-600/mt FOB on theoretical weight basis. Demand for Turkish origin rebar in the region is not that strong and only small volumes of purchases have been concluded.
 
KWD 1 = $3.51

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