UAE’s Emirates Steel Arkan has maintained rebar prices for its August production.
The company will continue offering rebar (10-40 mm) at AED 2,369 (USD 645) per ton EXW, AED 2,377 (USD 647) per ton CPT Abu Dhabi, and AED 2,384 (USD 649) per ton CPT Dubai, Sharjah, and Northern Emirates. These prices exclude 5pct VAT.
Formed after the merger of Emirates Steel and Arkan Building Materials in 2021, Emirates Steel Arkan is majority-owned by Abu Dhabi holding company ADQ. With an annual steel production capacity of 3.5 mln tons, the company offers a diverse range of products, including wire rod, rebar, heavy sections, and sheet piles, catering to both domestic and international markets.
1 USD / 3.67 AED
