Emirates Steel reduces rebar prices for the month of September

In our constant efforts and commitment towards maintaining the balance of pricing within the local steel market and to support the country’s construction sector, Emirates Steel has reduced its Rebar (8-32 mm) prices for the upcoming month of September to AED 2,610/per ton, approximately $710, compared to the AED 2,956/per ton sold, close to $805 in August 2021. This reduction accumulates up to AED 348 ton, around AED348 ($95) in the difference between both months.