Emirates Steel announces January 2025 rebar prices with an increase AED 50

Emirates Steel, part of the EMSTEEL group, has increased rebar prices for January 2025 production by AED 50 (USD 13) per ton. The revised prices are set at AED 2,660 (USD 724) per ton for deliveries to Abu Dhabi and AED 2,668 (USD 726) per ton for shipments to Dubai, Sharjah, and the Northern Emirates. These prices do not include 5% value-added tax. Headquartered in Abu Dhabi, Emirates Steel has a production capacity of 3.5 million tons of steel and 4.6 million tons of cement per year. Headquartered in Abu Dhabi, Emirates Steel has a production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement annually. The group exports to over 70 markets, accounting for 30pct of its sales. The company offers a diverse range of steel products, including wire rod, rebar, and heavy sections. 1 USD = 3.67 AED