UAE-based steelmaker Emirates Steel Industries (
ESI), which had previously announced its
rebar prices for December production at AED 1,732/mt ($472/mt) ex-works, has now announced its
rebar prices for January production. Accordingly,
ESI has increased its
rebar prices by AED 86/mt ($23/mt) to AED 1,818/mt ($495/mt) ex-works for January production, as compared to its previous prices for December output materials.
$1 = AED 3.67