14
Apr
12:58
UAE billet market seeks price direction, Saudi subdued
United Arab Emirates billet market participants are puzzled following the Iranian government's steel export tax imposition. Although domestic merchant billet suppliers anticipate a consequent price uptick, large imported billet stocks in UAE warehouses, waiting to be sold, are likely to act as a drag on prices. So, too, are circulating imported billet offers.
Rebar re-rollers are hesitant to book, fearing that billet prices may fall drastically, but at the sam…
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