13
Dec
16:05
Kuwait domestic rebar under state protection
Kuwait's largest rebar producer Unisteel is quoting rebar at KD 215/tonne ($708/t) unchanged from last week, despite low invoiced 8-32 mm rebar penetrated from neighboring countries Saudi Arabia and the United Arab Emirates.
UAE mills are exporting 1,000-2,000t of 8-32 mm diameter rebar to Kuwait at $680-694/t cpt by truck. This price is almost at the same level of mills' December delivery ex-works domestic rebar quotation. Freight and clearance costs are …
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Anonymous
Very good overview of the weekly steel market.
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