UAE: Emirates Steel rolls over Oct'25 rebar offers
- Emirates Steel Arkan (ESA) kept rebar prices unchanged for Oct'25 at AED 2,590/t ($705/t) exw-Abu Dhabi, excluding 5% VAT, after raising them by AED 110/t ($30/t) in Sep.
- The roll-over reflects stable domestic demand, supported by steady construction activity, despite global market volatility.
- ESA, part of the EMSTEEL Group, produces 2-mnt rebar annually and exports 30% of its steel and cement products to over 70 markets.