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08 Jan
12:50

UAE rebar market kicks off 2024 promisingly

Retail rebar quotes in United Arab Emirates have improved with solid demand in the first month of the year, which is likely to continue until Ramadan in March. Retail quotes have reached as high as AED 2,500/tonne ($681) for secondary mills’ material, averaging at AED 2,470-2,480/t ($673-675). For the benchmark mill’s material, the highest quote is reported at AED 2,620/t ($713), with the average at AED 2,580-2,600/t ($703-708). These prices are deliv…
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