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06 Jun
13:41

UAE inland logistics cost increases, rebar price slides

This week, in the United Arab Emirates, rebar prices in the retail market have dropped, mills' rebar sales totalled nearly 120,000-125,000 tonnes, and further rebar sales are not anticipated until the July price announcement. Unconventional billet producers compete with merchant billet producers in bagging orders, Kallanish observes. Transportation quotes have been increased since the beginning of the month by logistics companies by AED 125…
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