07
Apr
15:25
UAE mills adjust production as Covid-19 disrupts economy
Various United Arab Emirates-based steel producers have adjusted production on account of the slump in orders brought on by the global Covid-19 pandemic, local market participants tell Kallanish.
One rebar mill has stopped production for two weeks, a company source confirms. A second rebar mill is widely reported to have also suspended output, although a company official denies this, saying that operations are running normally. However, he admits demand is “…
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Anonymous
Very good overview of the weekly steel market.
Anonymous