25
Oct
14:07
ESA allocates limited rebar tonnages for Saudi: interview
United Arab Emirates' largest producer, and market maker, Emirates Steel Arkan (ESA), is planning to allocate limited monthly rebar quantities and examine wire rod supply to the Saudi market.
ESA was granted an exemption last Thursday by Saudi Arabia from its rules-of-origin duty (see Kallanish 21 October newsletter). ESA is the first Gulf Cooperation Council mill to receive this exemption, meaning no other UAE-based producer can sell its material at comp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous