UAE steel rebar buyers wait for new local prices to be announced

The steel rebar and billet markets in the United Arab Emirates have remained slow during the week ending Tuesday May 24, because buyers preferred to wait for new local rebar prices to be announced, they told Fastmarkets.

Normally, Emirates Steel Arkan, the biggest producer in the UAE, announces its new rebar price after the 20th of each month, but the company had not yet announced a new...

Published

Serife Durmus

May 24, 2022

16:03 GMT

Bursa