Emirates Steel, a subsidiary of EMSTEEL Group, has announced that rebar prices for October production will remain unchanged.
The company kept the rebar price at AED 2,590 (USD 705) ex-works.
The above prices do not include the 5% VAT.
Headquartered in Abu Dhabi, Emirates Steel has an annual production capacity of 3.5 million tons of steel and 4.6 million tons of cement.
The Group exports its products to more than 70 markets, representing 30% of its sales. It offers a wide range of steel products, including wire rod, rebar, heavy sections, and plates.
USD 1 = AED 3.67
