17
Oct
15:34
Emirates Steel raises rebar after Turkish quotes increase
Abu Dhabi-based Emirates Steel (ESI) has increased its rebar price by AED 29/tonne ($8) from October to AED 1,451/t ($395) ex-works for November deliveries. The move is a result of increased Turkish-origin rebar quotes, which have been pushed up by the rebound in scrap prices over the last two weeks, market participants tell Kallanish.
ESI had been expected to raise marginally its rebar price from the October-delivery quote of AED 1,422/t, which was only slightl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous