UAE’s EMSTEEL, formerly Emirates Steel Arkan, has raised its rebar prices for November production.
The company is now offering rebar at AED 2,560 (USD 697) per ton, CPT Abu Dhabi, and AED 2,568 (USD 699) per ton, CPT Dubai, Sharjah, and the Northern Emirates. This marks an increase of USD 30 per ton compared to last month’s prices.
These prices exclude the 5pct VAT.
Headquartered in Abu Dhabi, EMSTEEL 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
