Re-bar prices shoot up
The price of a metric ton of re-bar for construction has risen by 17% in just three weeks. Known as the “atado” in Spanish (‘a bundle’), the price of 2,226 pounds of steel re-enforcement bars has increased by RD$7,800 in the last 23 days, going from RD$46,000 to RD$53,800. The price increases are attributed to …