27
Nov
11:29
Kuwait rebar retail quotes slide, local mills struggle
Retail rebar prices in Kuwait slid amid weak demand and private construction project activity, which mostly favours imported discounted rebar of Emirati, Omani and Saudi origin, notes Kallanish.
This week, traders' offers to contractors for rebar delivered against cash or LC at sight were at KD 175-178/tonne ($568-577) for imported rebar and KD 182-185/t ($590-600) for local rebar.
Local producers struggle to compete with imported rebar because regulations do…
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Anonymous
Very good overview of the weekly steel market.
Anonymous