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01 Sep
13:46

September wire rod prices decline in UAE

Emirates Steel Arkan (ESI), the largest steel producer in United Arab Emirates, has decreased in 6.5mm+ wire rod prices in the domestic market for September deliveries.  ESI's September-delivery wire rod prices are at AED 2,320/tonne ($630/t) ex-works, Kallanish learns from market sources.  In August, ESI quoted the material at $655/t ex-mill. In August, Qatar Steel’s UAE subsidiary concluded deals at $640/t delivered in the domesti…
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