UAE: Emirates Steel rolls over Jan’26 rebar offers as project activity stays firm

  • Emirates Steel Arkan (ESA) kept rebar prices unchanged for Jan’26 at AED 2,648/t ($721/t) exw-Abu Dhabi, excluding 5% VAT. Prices have been stable for the last 3 months.
  • The offer is applicable for 90-day LC terms, with an extra AED 92/t ($25/t) surcharge on 8 mm rebar.
  • Sentiment is cautiously positive amid stable construction demand, with mills fine-tuning product prices rather than announcing a broad hike.

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