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ESI boosts domestic rebar offer prices as costs rise

September 08, 2010 - 12:07 GMT Location: London

KEYWORDS: Emirates Steel Industr , rebar

Abu Dhabi’s Emirates Steel Industries (ESI) has increased domestic rebar offer prices due to higher international raw material costs, according to UAE market sources

ESI confirmed it is offering rebar for September rolling at 2,275 AED delivered ($619), according to a source at the company. “ESI has been offering rebar at 2,275 AED delivered. Most buyers in the UAE have been...

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