Tag: steel market stability

Emirates Steel Arkan (ESA) kept rebar prices unchanged for Oct’25 at AED 2,590/t ($705/t) exw-Abu Dhabi, excluding 5% VAT, after raising them by AED 110/t ($30/t) in Sep. The roll-over reflects stable domestic demand, supported by steady construction activity, despite global market volatility. ESA, part of the EMSTEEL Group, produces 2-mnt rebar annually and exports…