31
Jan
12:55
UAE rebar momentum improves
The United Arab Emirates' rebar retail market is improving and contractors have started stocking in anticipation of rebar prices increasing, in line with the global trend. Major traders holding large quantities for weeks are observing diminishing stocks and an increase in retail prices, Kallanish notes.
"The iron ore price uptick has stimulated contractors and they have increased their intake,” explains a UAE trader. “Some of the large la…
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Anonymous
Very good overview of the weekly steel market.
Anonymous