07
Apr
13:56
Oman, UAE billet prices soften on subdued demand
United Arab Emirates and Oman billet prices are softening due to weak demand coupled with reduced activity in the construction sector during the holy month of Ramadan. Moreover, rebar prices in UAE are hovering at $835-850/tonne ex-mill, Kallanish understands.
Russian billet initial offers are heard at $820/t, versus Indian commercial billet, offered by traders, at $840-850/t, for May shipments. These prices are on a cfr Oman/UA…
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Anonymous
Very good overview of the weekly steel market.
Anonymous