05
Sep
13:47
UAE rebar prices settle in retail market
Rebar prices in the retail segment in United Arab Emirates have settled, and re-roller Hamriyah has concluded the second-largest sales tonnage behind market leader Emirates Steel Arkan (ESI), Kallanish learns.
According to multiple market sources, Hamriyah has concluded over 25,000 tonnes of rebar sales for September delivery at AED 2,050-2,085/tonne ($558-568). The lower end of the range is for letter-of-credit at sight payment, ex-works, and for quantities above…
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Anonymous
Very good overview of the weekly steel market.
Anonymous