18
Dec
12:22
UAE rebar MoU quotas seen increasing in 2024
As year-end approaches, United Arab Emirates’ benchmark mill plans to increase its memorandum of understanding-signed customers’ rebar quota volumes for 2024 by almost 10% on-year.
The parties – benchmark mill and traders – are discussing the volumes verbally and the contract renewal is expected to be finalised next week, the last week of the year. The MoU rebate is expected to remain unchanged in 2024. Driven by new projects, UAE reba…
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Anonymous
Very good overview of the weekly steel market.
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