Emirates Steel, one of the leading steel producers in the UAE, has increased rebar offers by around $30/t (AED 110/t) m-o-m for its Nov’24 deliveries. Revised prices are at $695/t (AED 2,552/t) exw compared to $665/t (AED 2,442/t) exw last month, sources informed. The company has decided to increase offers amid healthy domestic demand and improved financial targets in H2CY’24, BigMint has learnt.
Leave a Reply