20
Oct
12:11
Emirates Steel increases November delivery rebar prices
The United Arab Emirates' largest longs producer Emirates Steel Arkan (ESA) has increased its domestic BS 4449:2005 Grade B500B 10-32mm rebar quotes by AED 38/tonne ($10/t) to AED 2,260/t from October's AED 2,222/t ex-mill theoretical weight. The company charges AED 92/t extra for 8mm diameter rebar. Payments are against the letter of credit for 90 days and the company gave a deadline to the buyers to place their orders by 21 O…
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Anonymous
Very good overview of the weekly steel market.
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