Emirates Steel raises rebar prices for March production

Emirates Steel, a subsidiary of EMSTEEL Group, has raised its rebar prices for March production.

The company increased rebar prices by AED 73 (USD 20) per ton, taking the new price to AED 2,721 (USD 741) per ton EXW, excluding 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