26
Sep
15:30
UAE rebar market awaits price announcements
The United Arab Emirates rebar market needs a few days to settle after Emirates Steel Arkan (ESA)'s latest price announcement and before other mills follow with their October-shipment quotes.
End users are still coming to terms with the fact ESA's effective rebar price has not decreased for October deliveries versus September. On the contrary, for 8mm diameter rebar it has increased by AED 92/tonne ($25), Kallanish notes.
Last Friday, ESA announced i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous