Demand for long steel, billet only moderate in UAE ahead of national holiday

Demand for steel billet and rebar was moderate in the United Arab Emirates during the week ending Tuesday, November 30, just before the start of the country's National Day holiday, sources told Fastmarkets.

The UAE will celebrate National Day on December 1 and 2. And with the country’s weekend on December 3 and 4, market activity will only resume on Sunday, December 5, sources added.
Domestic rebar

Emirates Steel, the biggest producer in the UAE, kept its rebar price unchanged at 2,490 dirhams ($679) per...


Serife Durmus

November 30, 2021

16:29 GMT