Billet suppliers in Oman and the United Arab Emirates have raised their prices, reflecting market trends. Recent reports indicate that Omani electric arc furnace billet prices have increased to $540-550/tonne fob for the UAE market. In the UAE, local induction furnace mills are targeting $530-550/tonne ex-works but are prepared to elevate their quotes by another $15-25/tonne due to rising rebar prices. Meanwhile, Iranian billet producers are extending tender closing dates amid supply concerns, further impacting regional pricing dynamics. The market remains cautious as suppliers adopt a wait-and-see approach.