18
Dec
11:24
Kuwait mills face cost pressure
Mills in Kuwait are under pressure from rising raw material quotes – direct reduced iron and scrap – at a time of low domestic demand.
Local mills rolled over their rebar prices from November for December deliveries. But, taking into account imported rebar tags, a discount of KD 2-4/tonne ($6.5-13) was offered to induce interest and sell rebar at KD 180/t loaded on truck at the mill site, against cash payment, notes Kallanish.
In the retail market, l…
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