24
Aug
11:18
ESI maintains rebar price amid holiday, summer slowdown
Abu Dhabi-based Emirates Steel (ESI) has maintained its previous month’s rebar price of AED 2,178/tonne ($593) ex-works for September deliveries. This comes as a combination of summer and the Eid holiday has subdued market activity.
A month ago ESI slashed its rebar price by AED 117/t ($32) compared to July deliveries owing to a slowdown in United Arab Emirates market activity. “There’s no need to disturb the market, especially a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous