Emirates Steel, a subsidiary of the EMSTEEL Group, has announced that rebar prices for March production will remain unchanged. Rebar deliveries to Abu Dhabi are set at AED 2,660 (USD 724) per ton, while shipments to Dubai, Sharjah, and the Northern Emirates are priced at AED 2,668 (USD 726) per ton. These prices are exclusive of 5% VAT.
Headquartered in Abu Dhabi, Emirates Steel has a production capacity of 3.5 million tons of steel and 4.6 million tons of cement annually. The group exports to over 70 markets, accounting for 30% of its sales. The company offers a diverse range of steel products, including wire rod, rebar, and heavy sections.
Exchange rate: 1 USD = 3.67 AED.
