Retail rebar prices in Bahrain remain stable at BD 234-235/tonne ($622-625) for domestic material and BD 237-240/t for imported rebar. Towards the end of the year, distributors plan to reduce their imported rebar intake to start the new year with lower inventories, notes Kallanish.
In November, the Qatari major shipped some volumes at around $605/t delivered, while the Emirati mill was at just under $599/t cpt, with a rebate at year end, payable by LC 60 days…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.