13
Dec
14:34
GCC billet producers eye export markets
Billet producers in Oman and the United Arab Emirates expect rebar prices to rise in domestic markets in January. Still, rebar re-rollers who procure billet have yet to increase their bids.
Fully integrated mills, which can supply 30,000-35,000 tonnes of billet in a single shipment, have increased their target prices because of good demand from export markets. However, smaller-capacity mills are still holding their prices at the same level due to domestic buyers&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous