31
Oct
17:05
Qatar Steel lowers UAE rebar quote following return
Qatar Steel’s Dubai rolling mill has reduced its rebar quote to the domestic market by AED 175/tonne ($48) from the previous month to AED 2,025/t ($551) CPT United Arab Emirates for November deliveries.
The producer returned to the UAE market last month following an absence of approximately four months owing mainly to difficulties in obtaining billet feedstock. As a result of the diplomatic spat between Qatar and UAE, the latter banned imports from Qatar, …
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Anonymous
Very good overview of the weekly steel market.
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