Sideways movement observed in local UAE rebar market

Tuesday, 05 June 2018 16:25:40 (GMT+3)   |   Istanbul
       

Demand in the local United Arab Emirates (UAE) rebar market is still weak due to Ramadan, while domestic rebar prices in the UAE have followed a stable trend after the rises recorded in prices last week. As a result, domestic rebar prices in the UAE have remained unchanged week on week at AED 2,300-2,330/mt ($627-635/mt) delivered to customer, excluding five percent VAT.


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