01
Aug
11:25
Kuwait rebar prices slide
In Kuwait, the largest producer has reduced its 8-40mm diameter rebar quotes to KD 220/tonne ($718) ex-mill from the previous sales-round price of KD 230/t ($750), Kallanish learns.
The announcement came late on Monday morning.
As for imports, United Arab Emirates mills have been offering 12-32mm rebar at AED 2,380-2,400/t ($648-654) delivered in Kuwait, on letter-of-credit at sight basis, for August rolling. However, Saudi mills have not yet released their …
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Anonymous
Very good overview of the weekly steel market.
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