06
May
15:35
UAE rebar prices under pressure, contractors reduce volumes
Rebar distributors in United Arab Emirates are seeing increased enquiries but for small volumes, and more pressure from contractors to compromise on prices. Despite this, retail prices remain stable, but it remains uncertain for how long this can last, notes Kallanish.
For May deliveries, except for Qatar Steel FZE, which is offering rebar at and above AED 2,245/tonne ($611) delivered on credit, secondary mills' rebar prices to contractors are hovering at AED …
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Anonymous
Very good overview of the weekly steel market.
Anonymous