GULF STEEL BILLET, REBAR: Demand weakens further as Ramadan starts

April 14, 2021 / www.metalbulletin.com / Article Link

Demand for long steel products was weak in the United Arab Emirates during the week to Tuesday April 13, with prices close to those heard last week, sources told Fastmarkets.

The Islamic holy month of Ramadan started on April 12, and demand was unlikely to improve over the period because of the traditionally reduced working hours.
In addition, there were hardly any new projects in the country, and stock levels were high, so buyers were in no hurry to book material, sources said.

Rebar producers in the...

Recent News

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com

Tariff issue caused by potential definition change of traded gold bars

August 11, 2025 / www.canadianminingreport.com

US BLS head removed after revisions to employment data

August 04, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok