Rebar distributors in the United Arab Emirates anticipate price stability for September deliveries, defying the downward trend in Far East prices. Despite a seasonal decline in sales volume, the market remains healthy due to numerous ongoing projects.

The domestic retail market has maintained price stability since late July, and stakeholders are keen to preserve this trend. China's steel market slump is expected to have some impact, but the UAE's supply and demand chain is well-positioned to navigate the price fluctuations. Retail rebar quotes have remained relatively steady at AED 2,280/tonne, with minor variations for secondary mill material.