Tag: 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,…