21
Jun
13:46
Oman, UAE billet prices inch down
Billet suppliers in United Arab Emirates and Oman have reduced their tags after scrap quotes in UAE started to slide at the start of the week.
Last week, a buyer in Oman booked imported 150mm 3sp modified billet at around $520-525/tonne delivered to its yard for July arrival, while local offers were prevailing at $525-527/t cpt, Kallanish learns from market sources.
In UAE, a re-roller booked 130mm 3sp modified billet from two different induction furnace-rou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous