25
Mar
16:37
ESI reduces rebar as coronavirus foreseen hampering construction
Emirates Steel (ESI) has reduced its rebar price for April deliveries to the domestic United Arab Emirates market by AED 165.5/tonne ($45) to AED 1,689.5/t ($460) ex-works. The market, like most others globally, is under pressure from the spread of Covid-19. Kallanish notes.
Construction sites continue to operate in the country, but many have reduced their working hours and some are planning for a lockdown, UAE market sources say. “Conditions are tough nowad…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous