15
Aug
13:13
UAE retail rebar market sounds alarm over losses
The United Arab Emirates retail rebar market is sounding alarm bells over high costs and losses. Traders and stockists are concerned about piled-up stocks of Emirates Steel (ESI) rebar as non-ESI rebar sales in the secondary market constitute 60% of sales due to their comparatively lower prices. In a typical month, ESI's rebar sales in the secondary market comprise 60%, Kallanish notes.
This week in retail, traders are offering ESI rebar with a wide price rang…
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Anonymous
Very good overview of the weekly steel market.
Anonymous