17
Jan
13:35
ESI maintains rebar price for February and March
Abu Dhabi-based Emirates Steel (ESI) has maintained from the previous month its AED 1,400/tonne ($381) rebar price for February deliveries to the domestic market. It is also already offering at the same price for March deliveries, local market sources tell Kallanish.
The steelmaker is using the same tactic as when it offered for two consecutive months last November and December to secure bookings to cover production further into the future. The unusual move resu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous