20
Mar
12:41
UAE rebar market awaits quotes
The United Arab Emirates rebar market is awaiting local secondary mills’ and Oman-based Jindal Shadeed's April-delivery rebar quotes.
In the retail segment, rebar prices have increased, but a slight downward correction is anticipated, subject to other rebar producers' new quotes. Contractors' enquiries – local purchase orders (LPO) – are minimal and are not expected to grow until the market settles, Kallanish notes.
Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous