UAE-based ESI increases rebar offer prices for December output

UAE-based steelmaker Emirates Steel Industries (ESI), which had announced its rebar prices for November production at AED 1,451/mt ($395/mt) ex-works, has lately announced its rebar prices for December production. Accordingly, ESI has increased its rebar prices by AED 281/mt ($77/mt) to AED 1,732/mt ($472/mt) ex-works for December production, as compared to its previous prices for November output materials.
 
$1 = AED 3.67