05
Feb
13:46
Lack of demand pressures Bahrain rebar
In Bahrain, the lack of rebar demand is weighing on rebar prices.
Rebar retail prices in Bahrain have been steady at BD 255-260/tonne ($678-691) delivered on credit for a long time, but traders feel retail quotes may drop slightly, Kallanish observes.
For February deliveries, imported rebar from Qatar and Saudi Arabia is quoted at around $613-620/t (BD 230-233) delivered on 60-day letter of credit, while the local supplier is offering at BD 240/t cpt. The Emirati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous