The Emirates Steel Group - Arkan announced a decrease in the prices of rebar for its authorized distributors in the local market by about 5.5%, to reach 2,222 dirhams per ton for the month of next October.
The group indicated that this price does not include any discount based on quantities, nor does it include any additional fees on sizes, product grade, or any other fees applied to the product price, such as the additional cost of raw materials.
It is noteworthy that the prices of rebar in the group reached 2,516 dirhams per ton in July, while the group fixed the price during August 2022, then the price decreased to 2,351 dirhams per ton during the current month of September.