02
Jun
11:53
Emirates Steel cuts wire rod prices significantly
United Arab Emirates integrated steel mill Emirates Steel (ESI) has made a significant cut in its domestic wire rod quotes for June shipments.
The company has set its 6-12mm diameter wire rod net price at AED 2,827/tonne ($770) ex-mill or AED 2,857/t ($778) cpt Dubai, payable 60 days after invoice date, Kallanish learns. Since the second week of April, ESI's wire rod price had been at AED 3,415/t ($930) ex-mill or AED 3,450/t cpt Dubai, payable …
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Very good overview of the weekly steel market.
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