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11 Mar
12:48

UAE secondary mills' March rebar sales decline

United Arab Emirates rebar merchants have concluded their March-delivery rebar purchase deals with secondary mills, with an almost 30% decrease in volumes from February, Kallanish hears from market participants. This reduction can be attributed to the high benchmark mill stocks carried over from February and the decline in steel and raw materials prices in the Far East, which significantly influenced the market dynamics. The benchmark mill concluded spot reba…
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