Steel prices in UAE plunge
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Steel prices in UAE plunge

Steel prices in UAE plunge

Steel prices in the UAE, which had surged by at least 90% in the first half of this year, have plunged 35-40% in the past few months on surplus stocks and panic selling by traders, reported Khaleej Times. Trade sources said the price of Turkish and Qatar steel have dropped from Dhs6,000 per tonne to Dhs3500.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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