24
Mar
10:21
UAE's Hamriyah Steel resumes rebar supply
United Arab Emirates-based rebar mill Hamriyah Steel (HS) has resumed supplying rebar for April deliveries, Kallanish notes.
The company has announced its 8-40mm diameter rebar quote at AED 3,080-3,100/tonne ($838-844) ex-mill on LC at sight basis, depending on client category. For 90-day credit terms, the company adds AED 15/t onto announced prices.
"We have decided to resume our operation for April deliveries and allocate 40,000-50,000 tonnes of rebar,&rdq…
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Anonymous
Very good overview of the weekly steel market.
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