Emirates Steel, one of the leading steel producers of UAE, has increased its rebars offers marginally by $10/t (AED 38/t) m-o-m for November deliveries, sources informed. The revised offers stand at $615/t exw (AED 2,260/t) compared to $605/t (AED 2,222/t) exw last month. The hike in rebar prices in the retail segment has resulted in an increase in offers by Emirates Steel.
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