23
Nov
12:15
MENA sees competitive billet offers, Algeria solicits buyers
Local billet prices in United Arab Emirates and Oman are unchanged versus last week; however, Iranian-origin offers have declined.
Iranian mid-January shipment electric arc furnace 150mm 3sp (0.6-0.9 manganese) billet offers are heard at $482-495/tonne delivered to buyer's yard in Oman and UAE, depending on tonnage and customers' location. Locations outside a free zone incur a local transportation fee, Kallanish learns.
In UAE, induction furnace…
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Anonymous
Very good overview of the weekly steel market.
Anonymous