30
Jan
09:30
Kuwait rebar prices rise, further hike expected
Kuwait’s largest steel producer has increased its 8-40mm diameter rebar price by KD 7/tonne ($23) to KD 205/t ($671) ex-mill, on a letter-of-credit at sight basis, from KD 198/t announced in the first week of January, Kallanish learns from market sources.
The rebar price announcement was made on 29 January; however, another hike is anticipated due to the general market trend. Current rebar offers from United Arab Emirates are pegging at KD 199…
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Anonymous
Very good overview of the weekly steel market.
Anonymous