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26 May
13:12

UAE's ESA drops June-rolling wire rod prices

United Arab Emirates benchmark mill Emirates Steel Arkan (ESA) has decreased its June-delivery wire rod price for local consumers by AED 75/tonne ($20) compared to last month, Kallanish confirms from market sources. 6.5-14mm thick, AISI/SAE 1006-1018 grades wire rod is quoted at AED 2,276.95/t ($620) ex-works against letter-of-credit (LC) 90 days or cash in advance, VAT excluded. For the AISI/SAE 1005 grades and diameters of 5.5-6mm, ESA charges a …
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