19
Sep
13:11
UAE rebar retail sales shift to non-ESI product
The United Arab Emirates retail rebar market has experienced higher sales in September of non-Emirates Steel material in the secondary market, Kallanish notes.
ESI's effective rebar price – after conditional discount – was at $605-610/tonne ex-works for September deliveries. Nevertheless, re-rollers in UAE, particularly Hamriyah, as well as Oman integrated mill Jindal Shadeed have not stopped offering and supplying to the UAE market. Thes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous