Emirates Steel, a subsidiary of Emsteel Group, has announced an adjustment to its rebar prices for September 2025 production. The company decided to increase prices by AED 110 per ton, bringing the new price to AED 2,590 (approximately USD 705) per ton on an ex-works (EXW) basis. The company clarified that the announced prices are exclusive of the 5% value-added tax (VAT).
This price increase comes amid ongoing global pressures on the steel market, driven by higher raw material and freight costs, as well as fluctuations in energy prices. The move is expected to help the company sustain its profitability margins and ensure the continuity of its operations under current market conditions.
Headquartered in Abu Dhabi, Emirates Steel is considered one of the UAE’s leading industrial players in the iron and steel sector. The company has an annual production capacity of 3.5 million tons of steel and 4.6 million tons of cement through its affiliated units.
The company also enjoys a strong global presence, exporting to more than 70 international markets, which represent around 30% of its total sales. Its diversified product portfolio includes wire rods, rebar, heavy sections, and plates, catering to the needs of infrastructure and construction projects locally, regionally, and globally.
USD 1 = AED 3.67.