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10 Jun
13:01

UAE rebar retail quotes remain flat

Rebar retail prices remain unchanged in the United Arab Emirates. No short-term movement is expected in view of the Eid holiday regulation, which stipulates that all workers will not work for one day before and after the Eid holiday, which runs from 16-18 June, notes Kallanish. This week, excluding 5% VAT, on a delivered and LC 90-120 days basis, the bulk of benchmark-mill rebar sales are stable compared to last week at an average of AED 2,340-2,350/tonne ($637-64…
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