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25 Mar
13:37

UAE rebar retail sales volumes rise

United Arab Emirates rebar sales volumes have increased in the retail market after the benchmark mill, contrary to end-user expectations for a fall, maintained its April-rolling quote at AED 2,735/tonne ($745) ex-mill for the second consecutive month. Other mills have also kept their prices unchanged from March, at AED 2,350-2,400/t delivered on 90-day credit. However, traders have been informed by some mills that a discount of AED 15-20/t will be available subjec…
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