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24 Sep
17:10

ESI rolls over rebar price again

Abu Dhabi-based Emirates Steel (ESI) has rolled over its rebar price for the second consecutive month at AED 2,178/tonne ($593) ex-works for October deliveries. The firm kept September-delivery prices unchanged from August due to the seasonal summer slowdown, after slashing its August-delivery price by $32/t from July due to weak United Arab Emirates market activity. However, numerous UAE sources tell Kallanish ESI is offering discounts of AED 150-160/t …
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