Rebar pricing, the United Arab Emirates Iron and Steel Corporation (ESI) in May 2535dirham ($ 690 / t), its regional competitors the Kadar steel company reported 2500  ($ 686 / t, CPT), were maintained in the previous month. Compare with imported products, which offer competitive. Turkey resources 675-680 U.S. dollars / ton(CFR, heavyweight theory). And due to economic pressures, the Turkish supplier's refusal to lower export quotations. Turkey's energy and scrap prices are high, resulting in the billet and rebar prices $ 20 / ton.

However, due to the low end-user consumption, the UAE rebar market procurement activities are calmer, steel capacity utilization is maintained at 60% -70%. All construction projects are concentrated in Abu Dhabi emirate, the other parts of the project started, and the situation is expected the first will continue into September. Turkish suppliers may be forced to develop other markets such as the United Arab Emirates consumption remains at current levels. In addition, the countries of Western economic sanctions against Iran, the market situation worse. Typically, the United Arab Emirates vendors re-export to Iran Turkish rebar, but the current political climate led to the export action becomes difficult.