Rebar producers and traders are offering their products at $746-754 EXW. The prices have stayed stable since the end of this summer. The prices without tax are estimated at $643-650 EXW.
Jordan’s rebar market outlook mostly lacks optimism. It is expected that demand is going to get lower in the near term. It’s because there are no new big projects and the local market starts to lose momentum. The interest rate is high which encourages investors to increase their deposits rather than invest in new projects.
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