25
Mar
14:07
Rain disrupts rebar deliveries in Bahrain
A week of rain in Bahrain has disrupted rebar supply. Deliveries of rebar from the integrated plant in Dammam, Saudi Arabia, were not completed to Bahrain last week and shipments are continuing, notes Kallanish.
The majority of rebar sales in the retail segment are being completed at BD 247-250/tonne ($657-665).
The local Bahrain mill's rebar transaction price of BD 235/t delivered on 60-day credit is under pressure due to the trend of declining rebar sales. …
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Anonymous
Very good overview of the weekly steel market.
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