24
May
12:13
UAE's Emirates Steel makes nominal rebar quote reduction
United Arab Emirates market maker Emirates Steel Arkan (ESA), the country’s sole fully integrated mill through the direct reduced iron route, has made a nominal price reduction for June-rolling rebar quotes versus May.
The company dropped its domestic rebar (BS4449:2005 grade GR500B) quotes by AED 92/tonne ($25) on-May to AED 2,442/t ($665) ex-works, AED 2,450/t ($667) cpt Abu Dhabi and AED 2,458/t ($669) cpt Dubai, Sharjah and Northern E…
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Anonymous
Very good overview of the weekly steel market.
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