16
Apr
14:05
ESI rolls over rebar amid subdued market
Abu Dhabi-based Emirates Steel (ESI) has rolled its rebar price over from the previous month at AED 2,535/tonne ($690) ex-works for May deliveries, Kallanish notes.
This represents the second consecutive month of price rollover and comes amid subdued demand during the month of Ramadan. Market activity is unlikely to pick up significantly after the Eid holiday due to the weak construction market and proximity to the summer slow period, United Arab Emirates market s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous