UAE: Emirates Steel rolls over rebar offers for May’24 sales

Emirates Steel has rolled over its rebar offers for third consecutive month for May deliveries, sources informed BigMint. Current offers stood unchanged at around $750/t exw (AED 2,755/t). The company has decided to keep offers unchanged amid lukewarm demand owing to Eid holidays in the beginning of the month and flood-related disruptions affecting the construction activities in the region.