UAE: Emirates Steel rolls over rebar offers for sixth consecutive month

  • 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 AED 2,280-2,320/t for secondary rebar.