[pj-news-ticker]

Print Friendly, PDF & Email

Todays News
:

Official rebar prices stable for third consecutive month in UAE

Arab Countries, Steel News

Official rebar prices stable for third consecutive month in UAE

 

 

 

 

 

As in every country, construction activity, as well as product prices, is witnessing a continuous decline.

 

 

Yet, Abu Dhabi’s Emirates Steel Industries (ESI) has held domestic rebar prices steady for the third consecutive month amid COVID-19.

 

 

Rebar will be obtainable at AED 1,689.50/t ($460/t) EXW Abu Dhabi, which are seen as stable in a pessimistic market. Metal Expert has learnt from one of the customers.

 

 

Rebar from Conares is currently available at AED 1,690/t ($460/t) EXW and from Union Iron and Steel Company and Hamriyah Steel at AED 1,685/t ($459/t) EXW.

 

 

Prices are shown without 5% VAT.

 

 

Currency rate $1 = AED 3.673.

Print Friendly, PDF & Email

Post a comment