11
Oct
13:45
Emirates, Jindal dominate UAE rebar market
The United Arab Emirates rebar market will be shared by two major mills in October. The rebar market’s estimated October consumption will be around 130,000-135,000/tonnes. The majority of the rebar is expected to be sourced by Abu Dhabi-based Emirates Steel (ESI) and Oman-based Jindal Shadeed, notes Kallanish.
ESI announced that it will quote October-delivery 8-32mm diameter rebar at AED 2,406/t ($655/t) ex-works. It is known that an AED 35-85/t di…
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Anonymous
Very good overview of the weekly steel market.
Anonymous