Steel rebar, billet prices in UAE up on strong demand despite closeness of Ramadan

Prices for steel billet and rebar in the United Arab Emirates have increased during the week ending Tuesday March 21 following price rises announced by the country’s biggest producer, Emirates Steel Arkan.

Demand was strong in the market despite the imminent start of the Islamic holy month of Ramadan, sources told Fastmarkets.

Working hours are reduced for most Muslim employees in the...

Published

Serife Durmus

March 21, 2023

17:20 GMT

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