03
Nov
13:08
Hamriyah Steel issues November rebar quote amid increases
Hamriyah Steel has issued its quote for November production 10-40mm diameter rebar at AED 1,550/tonne ($422) ex-works, including 5% customs duty for sales outside Hamriyah Free Zone, the re-roller tells Kallanish.
The price is on a theoretical weight basis and for payment on letter of credit at sight or 100% pre-payment. Additional charges will be applied in case of credit. For supplies within the free-zone, the price minus customs duty would be AED 1,472.5/t. Uā¦
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Very good overview of the weekly steel market.
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