09
Jan
13:57
UAE rebar distributors eye price hike
The United Arab Emirates rebar retail market is sluggish, although mills have started to receive more enquiries from traders for increased quantities.
Traders are so far not observing any rebar price increase in the retail market amid elevated Turkish scrap and local scrap quotes, as well as increasing billet tags in the Gulf. Some distributors have reduced their rebar sales allocations this week in order to elevate quotes and secure higher margins from end u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous