Monday 22 October 2018
steel rebar

Dubai firm plans big rebar production

UAE-based Conares Metal Supply, a leader in the downstream steel products industry, has announced plans to manufacture 40 mm reinforcing steel bars (rebar) at its facility in Jebel Ali free zone area (Jafza), Dubai to meet the growing demand for


Conares opens $100m Jafza steel plant

Conares Metal Supply, a leader in the regional downstream steel products industry, has opened its $100 million steel rebar manufacturing facility in collaboration with Siemens-Vai of Italy at Jebel Ali Free Zone in Dubai. The plant wo


Saudi lifts steel rebar import duty

Saudi Arabia has lifted the import duty on steel rebar to ease a shortage in the Kingdom as prices rise for rebar feedstock, a Ministry of Trade and Industry spokesman said on Monday. 'There are no import duties not on rebar now becaus


Sabic to increase steel prices

State-controlled Saudi Basic Industries (Sabic) will raise prices of steel rebar and wire rod by SR100 ($26.7) per tonne as of Monday, the company said. Higher iron ore and scrap metal costs led to the increase, Sabic's vice-chairman for m

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