27
Nov
13:39
Secondary mills issue rebar quotes in UAE market
United Arab Emirates rebar producers and Oman's fully integrated long producer, Jindal Shadeed, have followed the UAE benchmark mill’s price hike.
They increased their UAE-delivered rebar quotes for December rolling by AED 50-73/tonne ($13.6-20) on November tags. The so-called secondary mills are now quoting rebar at AED 2,260-2,320/t ($615-632) delivered on a 90-day credit basis, Kallanish understands.
Union, Qatar Steel FZE, Jindal, AGSI and Gulf Stee…
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Anonymous
Very good overview of the weekly steel market.
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