UAE rebar, billet buying very slow on price uncertainty

The steel rebar and billet markets in the United Arab Emirates were both very slow in the week ended Tuesday May 17 because market participants were waiting for new prices to be announced, sources told Fastmarkets.

In addition, UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan died on May 13, leading to a four-day mourning break in the country.

As a result, working days...

Published

Serife Durmus

May 17, 2022

15:13 GMT

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