03
Jul
14:38
UAE traders observe healthy demand after Eid holiday
The United Arab Emirates rebar market has started July with healthy demand after the long Eid holiday. Traders hope rebar retail prices will increase slightly, particularly for the benchmark mill material, Kallanish notes.
This week, unchanged from pre-Eid price levels, average rebar retail quotes are at AED 2,390-2,395/tonne ($650-652) for the benchmark mill and AED 2,280-2,320/t for secondary mills, including Jindal Shadeed. These are on a credit and delivered b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous