Emirates Steel Arkan group has reduced rebar prices by 5.5% for its approved distributors in the local market, reaching $604.95 per tonne for October.
The company stated that this price does not include any discounts based on quantity, and does not include additional fees for sizes or product grade, or any other fees applied to the product price such as the additional cost of raw materials.
Prices reached $684.99 per ton in July, fixed the price in August 2022, and decreased to $640.07 per ton in September.
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