Emirates Steel Arkan has decided to keep rebar prices unchanged for March production.
The company is offering rebar (10-40 mm) at AED 2,744 (USD 747) per ton CPT Abu Dhabi and AED 2,752 (USD 749) per ton CPT Dubai, Sharjah, and the Northern Emirates.
The decision to keep prices steady is believed to be influenced by the upcoming Ramadan period, which typically sees a slowdown in construction activity.
The above mentioned prices are exclusive of 5 pct VAT.
1 USD / 3.67 AED
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