03
Nov
11:13
Higher Chinese prices help GCC re-rollers' margins: Jazeera
Increasing Chinese steel prices will help Gulf Cooperation Council re-rollers raise their finished product prices and recover margins, according to Al Jazeera Steel. While Oman and United Arab Emirates demand remains stable, however, sustained improvement in the regional steel market will also depend on a recovery in Saudi demand.
Jazeera Steel’s consolidated shipments in the nine months through September rose 13% on-year to 257,277 tonnes, while output gr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous