23
Dec
12:16
UAE's Emirates Steel increases January-delivery rebar prices
United Arab Emirates' integrated mill and market maker Emirates Steel Arkan (ESA) has increased its January-rolling domestic rebar price from December.
Its 10-40mm (BS4449:2005 grade GR500B) rebar price has risen by AED 120/tonne ($33/t) to AED 2,380/t ($648) delivered within the country theoretical weight for January rolling, Kallanish learns.
The company has retained its premiums of AED 92/t ($25) for 8mm diameter and AED 73.5/t ($20) fo…
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Very good overview of the weekly steel market.
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