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29 Nov
13:32

UAE rebar mills see strong demand, eye exports

In United Arab Emirates this week, retail prices for 12-32mm diameter rebar have fallen for Emirates Steel (ESI) material to AED 2,500/tonne ($680) from AED 2,530/t ($688). Other mills’ rebar is meanwhile transacted stable on-week at AED 2,420-2,425/t ($659-660), Kallanish notes. Since mills announced their December-delivery rebar prices last week, traders and retailers have almost concluded their December-delivery orders. "Emirates Steel kept its …
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