02
Feb
14:07
Imported billet prices increase in UAE, Oman
Iran-origin import deals have exceeded $570-573/tonne cfr United Arab Emirates or Oman for March deliveries. Local electric arc furnace-route producers in Oman have consequently elevated their billet target prices to $610-620/t fob, amid billet, direct reduced iron and scrap shortages, Kallanish learns.
This week, scrap prices increased in UAE to AED 1,360/t ($370) for HMS 80:20 grade, AED 1,380/t for HMS 90:10 and AED 1,420/t for premium, on a delivered…
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Anonymous
Very good overview of the weekly steel market.
Anonymous