05
Sep
11:28
Imported rebar stocks prevent Bahrain retail price drop
Imported rebar from Saudi Arabia and United Arab Emirates is slightly below Bahrain re-roller Unirol's domestic quote this week for 8-40mm rebar at BD 250/tonne ($665) ex-works.
The imported material is pegging at $640-645/t delivered in Bahrain on letter-of-credit 60 days basis.
In the retail market, traders’ imported rebar stocks were transacted at between $673-694/t in August, constraining traders from offering at below BD 267/t ($710) today, Kallan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous