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21 Aug
14:44

UAE rebar market anticipates unchanged September-rolling rebar quotes

The United Arab Emirates rebar market has been enjoying price stability since June, and sector participants anticipate that September-delivery rebar values will be unchanged from August, notes Kallanish. This week, the domestic market maker, Emirates Steel (ESI), will announce its next month's rebar and rebar in coil tags. The majority of sector participants believe that its August-delivery domestic rebar prices will be retained for September-rolling at AED 2,…
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