10
Jul
13:58
UAE rebar retail prices increase over reduced availability
United Arab Emirates rebar retail prices have increased by AED 15-20/tonne ($4-5.4) on-week amid reduced rebar availability.
Including Oman's major, which supplies nearly 25,000 tonnes to the UAE market, many rebar producers have scheduled overlapping shutdowns in July and have insufficient stocks to meet big-volume purchase orders, Kallanish notes.
This week, on a delivered and credit basis, VAT-excluded average rebar prices for the benchmark mill, Emirates…
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Anonymous
Very good overview of the weekly steel market.
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