Emirates Steel, part of the EMSTEEL Group, has announced an increase in rebar prices for December production by AED 50 ($14) per tonne to AED 2,610 ($711) per tonne for delivery in Abu Dhabi and AED 2,618 ($713) per tonne for delivery in Dubai, Sharjah and the Northern Emirates.
These prices do not include 5% VAT.
Headquartered in Abu Dhabi, Emirates Steel has a production capacity of 3.5 million tonnes of raw steel and offers a variety of steel products, including wire rod, rebar and heavy sections.
1 USD = 3.67 AED
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