20
Dec
09:31
UAE rebar retail market slow, awaits January prices
In United Arab Emirates, rebar market activity is subdued approaching year-end, with traders wanting to enter the new year with low stock levels. Traders are expecting Emirates Steel (ESI) to announce January-delivery rebar prices on Wednesday or Thursday, notes Kallanish.
“December rebar sales volume has not exceeded 160,000 tonnes, which is lower than the forecasted,” comments a UAE trader. “We are expecting a slight increase in rebar volume in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous