23
Oct
12:57
Emirates Steel rolls over November rebar prices
United Arab Emirates market maker, Emirates Steel (ESI), informed its distributors late on Monday that November-rolling domestic rebar (BS4449:2005 grade GR500B) quotes will remain unchanged from October.
Values are at AED 2,515/tonne ($685) ex-works, AED 2,523/t ($687) cpt Abu Dhabi and AED 2,531/t ($689) cpt Dubai, Sharjah and Northern Emirates theoretical weight. Prices exclude VAT and are payable by LC 90 days after delivery, Kallanish confirms …
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Very good overview of the weekly steel market.
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