27
Mar
13:41
Secondary mills' rebar sales drop in UAE
United Arab Emirates rebar re-rollers' and Oman fully integrated mill Jindal Shadeed’s rebar sales have dropped significantly in the UAE domestic market due to softened end-user demand and rebar retail prices, Kallanish understands.
Last week, when UAE secondary mills and Shadeed issued their wholesale prices at around AED 2,520-2,530/tonne ($686-689) delivered on a credit basis, these were slightly above rebar retail prices. Traders waited before bookin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous