20
Feb
15:18
ESI maintains rebar price for March
Abu Dhabi-based Emirates Steel (ESI) has rolled over its previous month’s rebar price of AED 2,340/tonne ex-works ($637), excluding 5% VAT, to March deliveries. It thus remains ESI’s highest rebar price since June 2013.
Despite the scrap and billet uptrend seen in the last two weeks, the prices of these products are more or less the same as they were one month ago. This has prompted ESI to maintain its price, United Arab Emirates-based sources s…
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Anonymous
Very good overview of the weekly steel market.
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