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13 Jun
14:39

Traders meet ESI amid looming construction summer slowdown

United Arab Emirates' rebar market sentiment remains subdued. Emirates Steel is planning to invite some major domestic traders to discuss the current rebar market, market players and outlook. The meeting date has not yet been determined, but it is expected to be held this week. From 15 June, like every year, construction working hour restrictions will be imposed between 12:00 and 15:00 and summer rebar consumption will decline due to less workin…
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