Posted on 24 Jun 2025
Rebar consumption in the United Arab Emirates has declined in June by an estimated 10-15% on May, primarily due to reduced working days during the Eid holiday and the onset of the school summer break, according to industry participants speaking to Kallanish.
With uncertainty over how the Israel-Iran conflict may escalate, the UAE’s benchmark mill, Emirates Steel, has rolled over domestic market 12-32mm diameter rebar prices for the fifth consecutive month. These are at AED 2,480/tonne ($675) ex-works, AED 2,485/t cpt Abu Dhabi, and AED 2,492/t cpt Dubai, Sharjah, and Northern Emirates for July deliveries. Payment is against LC 90 days.
Looking ahead to July, rebar demand is expected to rebound modestly, with 26 working days in the calendar month, including Saturdays. However, consumption is still forecast to remain below May levels, reflecting continued seasonal and geopolitical headwinds.
Retail rebar pricing remains steady this week, with delivered in Abu Dhabi/Southern Emirates quotes on credit terms as follows:
Source:Kallanish
