25
Oct
12:55
UAE’s November rebar prices inch up
United Arab Emirates rebar prices have increased after Emirates Steel hiked on Sunday its 8-32mm diameter rebar price from AED 2,406/tonne ($655) to AED 2,490/t ($678) ex-works for November deliveries, Kallanish notes.
Payment is 90 days after the invoice date and prices are based on theoretical weight. However, ESI applies a AED 35-75/t discount on the quotation upon pre-agreed quotas in the domestic market.
"The sales cycle is that mills wait for ESI's…
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Anonymous
Very good overview of the weekly steel market.
Anonymous