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28 Nov
14:25

ESI sees UAE rebar consumption slowing in 2018

Emirates Steel (ESI) expects rebar consumption in United Arab Emirates to decline -15% on-year in 2018 to 3.4 million tonnes. This is the result of various factors, including “… the lack of liquidity in the market and shortage of new projects,” a company spokesman tells Kallanish. Local market participants said earlier this month that UAE rebar demand had picked up following a protracted period of sluggishness that extended from June beyo…
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