15
Jul
13:38
UAE end-user rebar demand shifts over price sensitivity
End-user consumption habits are changing in the United Arab Emirates, in what industry participants call a paradigm shift. This is due to the price differential between the benchmark mill and secondary mills in the rebar retail market of AED 90/tonne ($24.5). Secondary mills' rebar sales are seeing increasing demand from end users, Kallanish notes.
This week, traders' stocks of benchmark mill rebar are putting pressure on traders' attempts to increase …
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Anonymous
Very good overview of the weekly steel market.
Anonymous