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24 Jun
13:11

UAE benchmark rebar retail prices fall

Rebar retail prices in Dubai and the northern United Arab Emirates for benchmark mill – Emirates Steel – product have fallen from AED 2,330-2,350/tonne ($634-640) delivered on credit before the Eid holiday to AED 2,270-2,280/t delivered on credit. In Abu Dhabi and Al Ain, due to protection for local producers, contractors are issuing their purchase orders at around AED 2,300/t delivered on credit for benchmark mill material. The price differential be…
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