Tag: regional tensions steel demand

Emirates Steel has kept its rebar offers unchanged for Aug’25 deliveries, with the rollover continuing for six consecutive months. Offers stood at $675/t (AED 2,479/t) exw-Abu Dhabi. July demand remained weak amid the seasonal construction lull and ongoing political tensions in the region. Retail prices were steady at AED 2,410-2,420/t ($656-659/t) for benchmark mills and…