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16 Jan
13:07

UAE rebar market anticipates slight increase in February

The United Arab Emirates rebar market is quiet this week, as is typically the case a week before the benchmark mill announces its rebar price for the following month. In January, the benchmark mill sold nearly 140,000 tonnes of straight rebar. The accumulated January rebar sales of all mills, including Oman’s Jindal Shadeed and the benchmark mill, are expected to reach 210,000-220,000t in the UAE's domestic market. Traders and stockists anticipate F…
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