02
Jan
13:47
UAE rebar market needs few days to settle
The United Arab Emirates rebar market is optimistic about demand during January. Traders and stockists received mills' rebar prices for January shipments, and negotiations are ongoing to conclude deals.
However, in the retail segment, given the new year has just begun, prices have yet to settle. In retail, for the same mill's same-sized rebar, the price gap between traders reaches up to AED 60/tonne ($16). Retail prices are expected to settle in a week, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous