Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for June production will remain unchanged for the fifth straight month.
The company has maintained its rebar price at AED 2,660 (USD 724) per ton for deliveries to Abu Dhabi. For deliveries to Dubai, Sharjah, and the Northern Emirates, the rebar price is at AED 2,668 (USD 726) per ton.
These above 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