29
Mar
14:07
Jordanian re-rollers struggle with new rebar price ceiling
Jordanian re-rollers are struggling due to the new government decree imposed to create a price ceiling for rebar in both the wholesale and retail markets, Kallanish understands.
Due to price fluctuation, the government has decreed a new resolution and set a price ceiling for rebar that stipulates mills can sell at a maximum of JD 620/tonne ($874) ex-mill and retailers at JD 652/t ($919) ex-warehouse, excluding 16% VAT.
"The billet procure…
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Anonymous
Very good overview of the weekly steel market.
Anonymous