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07 Aug

Bahrain rebar retail tags trend down

Rebar retail prices have slid in Bahrain to BD 242-245/tonne ($644-652) delivered on 60-120 days credit, from last week's BD 244-245/t, Kallanish notes. Bahraini buyers have concluded deals with a Dammam, Saudi Arabia-based mill at SAR 2,270/t (BD 227.5) cpt payable by LC 60 days and an Emirati major at AED 2,255/t (BD 230.8) delivered on credit. Qatar's sole fully integrated mill, once the market maker in Bahrain, still needs to raise its rebar price, in…
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Burak Odabasi  |  Turkey
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