The prices for steel billet and rebar in the United Arab Emirates fell over the past week due to weak demand during the Islamic holy month of Ramadan, as well as the continued effects of the Covid-19 pandemic, market sources said on Tuesday April 28.
Authorities in the UAE announced a curfew from 10pm to 6am for the month of Ramadan, which started on April 23. Traditionally consumption of steel products is lower during this period due to workers observing Ramadan.Emirates Steel is...