Import prices for rebar and billets from the UAE remain stable.
Category: Blog
Category: Industry News
Time:2026-02-05
As of February 3, 2026, the import price of rebar from the UAE remained stable at USD 629–665 per ton (CFR Jebel Ali), unchanged from the previous week. The import price of billets stood at USD 470–485 per ton (CFR Jebel Ali), also remaining stable. Despite subdued trading activity in the billet market, rebar prices showed an overall stronger trend supported by robust demand. In terms of imported rebar, regional sources generally maintained stable prices with a slight upward bias. The transaction price for rebar from Oman was around USD 665 per ton (CPT UAE), up by USD 5 from the beginning of the month; the price for Qatari sources rose to USD 645 per ton (CPT), an increase of USD 2 compared to the previous month. Regarding the imported billet market, quotes remained largely stable this week, with limited trading activity. Chinese billet offers stayed at USD 485–490 per ton (CFR UAE), while Indonesian sources were quoted at approximately USD 475–480 per ton (CFR). Buyer counteroffers were concentrated in the range of USD 470–480 per ton (CFR).
As of February 3, 2026, the import price of rebar in the UAE remained stable at USD 629–665 per ton (CFR Jebel Ali), unchanged from the previous week. The import price of billets stood at USD 470–485 per ton (CFR Jebel Ali), also remaining stable. Although trading activity in the billet market was light, rebar prices showed an overall stronger trend, supported by robust demand.
From the perspective of the domestic market, rebar prices in the UAE have edged upward, driven by robust demand. Local steel mills are currently trading at prices ranging from AED 2,370 to AED 2,550 per ton (ex-factory), with the lower end of the range up roughly AED 30 compared to the previous period. The leading steel mills maintained their official February quotes at AED 2,648 per ton (ex-factory), largely due to competitive pressure from imported resources. However, some smaller and medium-sized steel mills, benefiting from strong order books, raised their February quotes by between AED 10 and AED 30, thereby shifting the market’s transaction center upward.
Regarding imported rebar, regional resource prices remained generally stable with a slight upward trend. The transaction price for rebar from Oman was approximately USD 665 per ton (CPT UAE), up by USD 5 from the beginning of the month; Qatar’s resource price rose to USD 645 per ton (CPT), an increase of USD 2 compared to the previous month. Meanwhile, Saudi Arabian resources stayed unchanged at USD 629 per ton (CPT), despite a noticeable rise in domestic Saudi prices in late January driven by growing demand for construction and infrastructure projects. Market participants pointed out that the price level in the UAE is relatively high within the region, and coupled with several overseas steel mills recently obtaining export certifications, the UAE has become a key target market attracting close attention from neighboring steel mills.
In the billet import market, quotes remained largely stable this week, and trading activity continued to be limited. Chinese billet offers stayed at USD 485–490 per ton (CFR UAE), while Indonesian sources were quoted at around USD 475–480 per ton (CFR). Buyer counteroffers were concentrated in the range of USD 470–480 per ton (CFR). Although no new deals have been reported in the market, industry insiders generally believe that ongoing pressure from Chinese supplies is likely to keep billet prices lacking upward momentum in the short term.
Overall, supported by robust demand from end-use construction sectors, the UAE’s rebar market has shown strong performance, with domestic prices and some imported resources exhibiting a stable-to-strong trend. Meanwhile, the billet market has been characterized by price stabilization amid insufficient trading volumes and intensifying external competition. Going forward, it will remain crucial to monitor changes in imported supplies and the pace of commencement of end-use projects.
Keywords: Import prices for rebar and billets from the UAE remain stable.
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