Yemeni rebar buyers not in hurry to conclude purchases ahead of Ramadan

Rebar demand in Yemen is still quiet, while Turkish rebar offers to Yemen are standing at $635/mt CFR on theoretical weight basis.
 
It is thought that Yemeni buyers will not hurry to conclude bookings from Turkish suppliers at this price level unless demand improves. In the meantime, Yemeni market operators believe that rebar demand in Yemen may improve after Ramadan.