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26 Jun
15:26

UAE traders await secondary mill rebar price announcements

Stockists in United Arab Emirates are waiting for secondary mills to issue their rebar prices. Benchmark mill Emirates Steel announced a rollover for July deliveries from June; secondary mills and Oman’s Jindal Shadeed are also expected to keep their prices unchanged. Excluding VAT, delivered rebar retail prices are unchanged from last week at AED 2,200-2,220/tonne ($599-604) for secondary mills and AED 2,380-2,400/t for the benchmark mill on a credit …
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