Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for April production will remain unchanged for the third consecutive month.
The company has set the rebar price at AED 2,660 (USD 724) per ton for deliveries to Abu Dhabi, while shipments to Dubai, Sharjah, and the Northern Emirates are offered at AED 2,668 (USD 726) per ton.
These prices do not include 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
