06
Aug
16:35
UAE mills maintain rebar prices for September
United Arab Emirates steelmakers have kept rebar prices for September delivery unchanged from the previous month amid continued weak demand and hopes of new construction project announcements next month.
Abu Dhabi-based Emirates Steel (ESI) has retained its price of AED 1,953/tonne ($532) ex-works, Dubai-based re-roller rival Conares is still at AED 1,950/t and Sharjah-based Hamriyah Steel is expected to roll over at AED 1,950/t.
“Demand is very mu…
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Anonymous
Very good overview of the weekly steel market.
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