16
Jun
17:50
Costlier raw materials spur UAE rebar price hike
United Arab Emirates mills have increased rebar prices for July deliveries after the rise in raw materials prices in recent weeks, local market sources tell Kallanish.
Emirates Steel (ESI) hiked its price for the domestic market by AED 83.5/tonne ($23) from the previous month to AED 1,773/t ($483) ex-works. “They say their iron ore pellet prices have gone up,” says a Dubai-based trader of the steelmaker’s justification for the move. A source clos…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous