Author: Nishtha Mukherjee
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UAE: Emirates Steel raises rebar offers for Nov’21
One of the UAE’s leading steel producers, Emirates Steel, has increased rebar offers by $23/t, m-o-m, for Nov’21 due to higher raw material costs, SteelMint understands. Revised offers for rebar stand at $678/t exw higher compared to $655/t exw in Oct. Emirates Steel’s annual rebar production is around 2 mn t. Besides construction, its products…