Tag: Saudi rebar demand
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GCC: Emirates Steel lifts Jul’26 rebar prices even as Saudi billet market remains under pressure
Emirates Steel lifts rebar prices for second consecutive month Saudi billet prices fall on weak rebar demand, aggressive mill competition Emirates Steel has increased its domestic 12-32 mm rebar list prices by AED 100/t ($27/t) to AED 2,921/t ($789/t) ex-works for July rolling, marking a second consecutive increase following price rollovers between March and May.…