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09 Jan
12:52

Rebar demand labours in Bahrain and Kuwait

The rebar markets are sluggish in Bahrain and Kuwait in January. In Bahrain, since the beginning of the month, rebar demand has been low. Since mid-last week, the weather has been rainy and cloudy, and traders are observing a very silent market, Kallanish understands. Imported 10-40mm dia rebar deals with mills in United Arab Emirates concluded at BD 243-246/tonne ($646-654) delivered to Bahrain, with a $25/t premium for 8mm product, payable against letter of cre…
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