24
Jun
14:08
Bahrain demand for rebar wanes
Bahrain rebar producers are seeing a drop in demand for rebar following the Eid holiday, but new construction projects are on the horizon. Distributors continue to supply rebar from their stocks, but due to reduced sales volumes, they are not eager to replenish inventories anytime soon, Kallanish notes.
Traders are asking for BD 238-240/tonne ($633-638) delivered on credit for rebar, for contractor enquiries, while mills are preparing to issue their July-delivery …
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Anonymous
Very good overview of the weekly steel market.
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