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07 Aug
13:14

UAE rebar prices extend stability, except in north

Rebar traders in Dubai and Abu Dhabi are enjoying price stability. However, in the northern part of United Arab Emirates, some traders are selling secondary mills’ rebar against cash payment at as low as AED 2,170/tonne ($590/t) delivered to buyer's yard. Nevertheless, these transactions are not spoiling the general rebar trade environment, notes Kallanish. This week in Abu Dhabi and Dubai, delivered rebar retail prices are unchanged on-week at AED 2,370…
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