12
Jun
13:34
UAE retail rebar market stable despite declining expectations
The retail rebar prices in the United Arab Emirates remain stable despite declining expectations. However, traders/stockists are unhappy with the margins of the benchmark mill material's sales price below their buying quotes, Kallanish notes.
During Hamriyah's absence, Union due to the maintenance shut down could not deliver adequate tonnages. That created a shortage in the Abu Dhabi region, and the retail prices are unchanged.
The rebar prices in th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous