01
Mar
15:17
UAE's Hamriyah Steel suspends production in March
United Arab Emirates-based rebar mill Hamriyah Steel (HS) has suspended operations in March. The re-roller will be out of the market this month due to high billet prices, which make selling rebar at current prices unjustifiable, a company source tells Kallanish.
Last week, Kallanish reported that Hamriyah, along with another major UAE re-roller, had postponed their March-rolling rebar price announcements. Domestic market price-setter Emirates Steel hiked March-rol…
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Anonymous
Very good overview of the weekly steel market.
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