13
Oct
12:51
UAE mills maintain rebar prices despite worsening sentiment
United Arab Emirates mills have kept their rebar prices for the domestic market unchanged on-month for November deliveries, although the sentiment in the market is negative, UAE market sources tell Kallanish.
Price-setter Emirates Steel (ESI) is quoting AED 1,936/tonne ($527) ex-works for November deliveries, while Dubai-based re-roller rival Conares has kept its price unchanged at AED 1,935/t.
One Dubai-based trader says there had been rumours that a price reduc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous