15
Jan
14:44
Bahrain rebar prices expected to decline
Bahrain rebar prices are on the decline as market demand deflates like a soap bubble. Rebar intake by the much-anticipated Marina project has been lower than expected.
The country's sole active rebar re-roller, Universal Rolling (Unirol), issued its January-delivery domestic rebar quote at BD 250/tonne ($665) delivered against 60 days LC at sight. However, it is now mulling to revise this, with a reduction to BD 245/t highly likely, Kallanish learns from…
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Anonymous
Very good overview of the weekly steel market.
Anonymous