20
May
14:33
Emirates Steel may lower rebar offers for June
Emirates Steel (ESI) is about to announce June rebar prices, which are critical in timing as they coincide with the last month of the second quarter and first half due to buyer rebate system requirements. In addition, its pricing strategy of announced price and secondary booking opportunity under the spot sales scheme has become irrelevant from the retail quotes, Kallanish hears from market praticipants
ESI's rebar prices have been at AED 2,735/t ($7…
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Anonymous
Very good overview of the weekly steel market.
Anonymous