While raw materials and billet tags are on the rise, long steel producers have no choice but to adjust their prices. Among these companies is Universal Rolling (Unirol), the sole manufacturer of steel reinforcement bars in Bahrain, which has made such adjustments in the new sales round. After maintaining a stable price for two months, Unirol has increased its official offers by BHD 10/t ($26.5/t) from the last announced level. Rebar will be available at BHD 290/t ($754/t) EXW in the new round of sales.
Prices are indicated without 10% VAT. Currency rate: BHD 1 = $2.65.
