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UAE’s rebar import prices increase

UAE’s rebar imported price at USD380-385/MT CFR this week, which was little bit higher than previous price at USD380-383/mt CFR. Currently, the buyers are no hurry to replace order and just wait and see situation.

Meanwhile, Turkey’s rebar offered at USD385-390/mt CFR by theoretical weight, while UAE’s domestic rebar offered at USD418-421/mt ex-works.

Zhejiang Yaang Pipe Industry Co., Limited (www.yaang.com)

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