14
Mar
14:05
GCC rebar market becalms as panic-buying subsides
In most of the Gulf Cooperation Council rebar market, besides Saudi Arabia and Bahrain, sentiment is calm, prices are unlikely to change and buying appetite is low. Contractors have adopted a wait-and-see policy, with project owners suspending work in order to understand where material prices are heading, sources inform Kallanish.
Ramadan will run through April and working hours in the construction sector will be reduced, thereby impacting rebar demand furthe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous