20
May
15:57
Bahrain tier-two traders soften rebar pricing, demand low
Bahrain's tier two and three rebar distributors have softened their domestic rebar prices in the retail to BD 238-239/tonne ($633-636) delivered against LC 60-90 days due to subdued demand, while major distributors are still holding at an average of BD 244/t delivered on LC 90 days, notes Kallanish.
Due to a request from a local project, traders are seeking 40mm straight rebar and rebar in coils from Saudi Arabia, Qatar, Oman and the United Arab Emirates.
A s…
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Anonymous
Very good overview of the weekly steel market.
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