11
Dec
12:49
UAE rebar prices trend up, mills sold out
Retail rebar prices in the United Arab Emirates are increasing after benchmark mill Emirates Steel skipped December's spot and project sales, encouraging traders to lift their tags. Secondary mills do not take new rebar orders, claiming they are sold out, assuming that rebar prices will rise for January deliveries. Rebar sales are reportedly going well, and cut and bend facilities are running at high capacity, notes Kallanish.
In December the benchmark mill sk…
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Anonymous
Very good overview of the weekly steel market.
Anonymous