07
Mar
12:38
UAE rebar retail prices balloon amid global volatility
The global market volatility fuelled by Russia’s invasion of Ukraine has seen ballooning Gulf Cooperation Council domestic retail rebar prices, Kallanish understands.
In United Arab Emirates, stockists have agreed to set retail rebar prices at AED 3,000/tonne ($815), up by AED 200 ($55) versus last Friday and by AED 350-380/t versus the start of last week. Transaction prices were however hovering on Monday at AED 2,950-3,000/t delivered, various sources conf…
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Anonymous
Very good overview of the weekly steel market.
Anonymous