Emirates Steel keeps September rebar prices unchanged

UAE’s Emirates Steel, part of EMSTEEL Group, has kept its rebar prices unchanged for September production.

The company maintained its price for 12-32 mm rebar at AED 2,921 (USD 795) per ton EXW, excluding 5pct VAT.

Headquartered in Abu Dhabi, Emirates Steel has production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement annually. The group exports to more than 70 markets, accounting for around 30pct of sales. Its product range includes wire rod, rebar, heavy sections and sheet piles.

1 USD / 3.67 AED