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19 Sep
11:20

Kuwait rebar retail prices dip

In Kuwait’s retail market, rebar is transacted at KD 190-192/tonne ($616-622.7) delivered to buyer's yard. This is below the country's largest mill’s September-delivery 8-40mm diameter rebar quotes at KD 200/t ($649) ex-works, Kallanish notes. United Arab Emirates-based mills have been offering rebar at $625-645/t delivered to Kuwait since end-August, but the inflow of imported material is suspended. Saudi Arabian mill Al Ittefaq…
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