UAE-based steelmaker Emirates Steel Industries (ESI), which had previously announced its rebar prices for March production at AED 1,789/mt ($487/mt) ex-works, has now announced its rebar prices for April production. Accordingly, ESI has increased its rebar prices by AED 74/mt ($20/mt) to AED 1,863/mt ($507/mt) ex-works for April production, as compared to its previous prices for March output materials.
$1 = AED 3.67