08
Nov
12:01
UAE almost concludes November-delivery rebar sales, re-rollers suffer
November-delivery rebar sales in United Arab Emirates have already reached nearly 170,000 tonnes, up 10% on the October total, as expected, with re-rollers’ market share declining due to tighter margins.
12-32mm diameter November-delivery rebar sales are up on the 155,000t reported in October, Kallanish notes.
In the first week of November, Emirates Steel is heard to have concluded 115,000t of rebar sales, which accounts for nearly 70% of November market re…
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Anonymous
Very good overview of the weekly steel market.
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