03
Jul
14:58
Bahrain rebar prices slide over low seasonal appetite
Bahrain's domestic July-delivery local wholesale rebar price softened to BD 235/tonne ($625) delivered on a 60 days credit basis. However, as is typical in summer, demand has dipped and rebar is expected to slide another BD 3-5/t in the next round of sales, Kallanish notes.
Last Tuesday, right before the Eid holiday started, a 4,000-5,000-tonne rebar deal was concluded at around this level. In the retail segment, Saudi rebar is being offered at BD 245-247/t an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous