06
Mar
12:14
Contractors resist rebar price increase in UAE
Rebar prices in the United Arab Emirates retail market are not improving due to excess stock. Traders overstocked in the previous month and are now in stiff competition, especially in the Abu Dhabi district. Contractors are meanwhile holding back purchases after buying their medium-term consumption requirements in February when price rose globally, Kallanish understands.
The UAE benchmark mill's average rebar price in the retail market is at AED…
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Anonymous
Very good overview of the weekly steel market.
Anonymous