11
Jan
13:47
Oman, UAE billet prices increase on Iranian hike
Domestic and imported billet prices have increased this week in United Arab Emirates and Oman on the back of hiked Iranian billet quotes. Merchant billet producers are observing good demand, Kallanish learns.
Local induction furnace mills in UAE are targeting $545-550/tonne ex-works, and a 5,000-tonne deal is expected to be concluded by the end of the week at around $545/t ex-works for February delivery. An Omani mill offered electric arc furnace-route billet for …
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Anonymous
Very good overview of the weekly steel market.
Anonymous