Prices of major building materials groups recorded slight relative declines during the second quarter compared to the first quarter of 2024, as cement prices decreased by 1-3%, while rebar decreased by about 4.8% in the same comparison, according to data from Dubai Statistics, published by Dubai Digital. As for rebar, twisted steel measuring (6-8) millimeters decreased by about 4.7% to 2644 dirhams per tonne, down from 2775 dirhams in the first quarter, while twisted steel measuring (10-25) millimeters decreased by 4% from 2649.6 to 2521 dirhams per tonne. Flooring mesh prices recorded a decrease during the second quarter of 2024 compared to the first quarter, as the sizes (6, 7 and 8 mm) decreased by 4.8%, 4.2% and 4% respectively to levels ranging around 60, 79.6 and 106.6 dirhams per (8*16) square feet.
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Steel NewsOctober 21, 20241 min read