Diesel prices climb on Gulf refinery outage
Z 5.0mediumGlobal
Delivered material costs will rise as freight surcharges follow diesel.
Beijing set tighter export quotas on structural steel beginning in Q3, citing domestic infrastructure priorities.
Global buyers expect spot prices for imported rebar and beams to firm over the next two months as supply tightens.
Imported structural steel is likely to get more expensive this quarter.
Should you forward-buy rebar before Q3 quotas bite?
Delivered material costs will rise as freight surcharges follow diesel.
Data-center demand is competing for the trades and gear you rely on.