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Arab Steel Summit

Reinforcing steel price in the UAE increased by 120 dirhams

Emirates Arkan Steel Company announced the domestic reinforcing steel prices for January 2023, an increase of 120 dirhams per tonne ($33/t) compared to December prices, to reach 2380 dirhams per tonne ($648/t).

Prices are indicated without 5% VAT.

Currency price: 1 dollar = 3.673 dirhams.

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