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Steel prices 'may wobble in H2'Steel prices have risen significantly in recent weeks as producers look to pass on their actual and anticipated higher costs of raw materials,a report said. Prices are up by $20-$40 per tonne in the last week, and in some cases by up More… |
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UAE steel rates ‘offer key breaks for industry’Steel prices in the UAE, which have seen an increase from December to March, are showing a growth pattern that is benefiting the regional market in terms of its implications on the capacity of mills to operate at full capacity, said a report. More… |
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Higher steel prices ‘hard to sustain’A jump in steel prices at the start of 2010 looks hard to sustain as growth in global demand remains weak, industry officials and traders said at an Arab steel conference in Morocco. Several top steel producers have announced price increas More… |
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UAE local steel price ‘hurt by dumping’The UAE’s local steel prices are being hit by dumping from Turkish manufacturers of the metal, the chief executive of RAK Steel, a major steel manufacturing mill in Ras Al Khaimah, has said. Global demand has slumped with the economic slow More… |
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UAE steel prices surge 15pcSteel prices in the UAE have risen about 15 per cent so far this month as a construction boom in the GCC oil exporter has drained the building materials market, traders said. A tonne of reinforcing steel bar (rebar), used in construction, More… |
