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17 Jul
14:26

UAE’s August-delivery rebar prices seen remaining unchanged

United Arab Emirates traders and senior mill officials expect August-rolling rebar quotes will be unchanged from July. Next week, the benchmark mill is expected to announce its August-delivery rebar quotes, shaping the price trend in UAE and Oman, Kallanish notes. In July, including Oman-based Jindal Shadeed, mills' rebar sales in the UAE domestic market are forecasted at 200,000-205,000 tonnes. After the benchmark mill, Qatar Steel has achieved the highest re…
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