UAE sees no deals for merchant bars and sections due to unstable market

摘要

After the substantial price decrease in the segment for merchant bars and sections, which took place three weeks ago in the UAE, there have been only minor downward corrections. The demand, however, has not changed. Both end-users and traders are not showing any interest in buying as, according to them, the prices have not bottomed out yet. Besides, the approaching Ramadan and summer season are not favorable for construction activity in the country.