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17 Jul
15:07

Bahrain construction project delays hamper rebar demand

Bahrain trading companies are observing the lowest demand of the year in July. New projects such as Marina have yet to commence, meaning other associated units' construction works have been delayed. Nass Contracting was awarded the Marina project some time ago, Kallanish learns from market sources. This week in Bahrain, imported rebar quotes in the retail market are at BD 245-247/tonne ($652-657), whilst local quotes are at BD 238-242/t ($633-644). The local m…
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