Emirates Steel, part of the EMSTEEL group, has raised rebar prices for December production by AED 50 (USD 14) per ton.
The updated prices are AED 2,610 (USD 711) per ton delivered to Abu Dhabi and AED 2,618 (USD 713) per ton for deliveries to Dubai, Sharjah, and the Northern Emirates.
These prices exclude the 5pct VAT.
Headquartered in Abu Dhabi, Emirates Steel has a production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement annually. The group exports to over 70 markets, accounting for 30pct of its sales. The company offers a diverse range of steel products, including wire rod, rebar, heavy sections, and sheet piles.
1 USD / 3.67 AED
