14
Mar
12:57
UAE mills maintain rebar prices, observe increased competition
Abu Dhabi-based Emirates Steel (ESI) has maintained its previous month’s rebar price of AED 2,007/tonne ($546.5) ex-works for April deliveries.
“There’s been no big change in the market” since ESI’s previous price announcement in February, a hike of $44/t, a source close to the firm tells Kallanish.
Traders also indicate that increased competition from an Oman-based steelmaker is preventing any potential further price h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous