20
Jun
14:22
Emirates Steel retains July-delivery rebar prices as expected
United Arab Emirates fully integrated mill Emirates Steel (ES) has, as expected, retained its July-delivery domestic rebar (BS4449:2005 grade GR500B) quotes from June.
These are at AED 2,442/tonne ($665) ex-works, AED 2,450/t ($667) cpt Abu Dhabi and AED 2,458/t ($669) cpt Dubai, Sharjah and Northern Emirates theoretical weight, payable by LC 90 days after delivery, Kallanish learns from market sources.
The company charges a premium of AED 92/t ($25) fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous