Dubai Steel Prices latest price updates for 2025
As of April 2025, steel prices of Dubai have experienced a steady increase, reflecting robust domestic demand and rising raw material costs. A leading UAE based steel mill, has implemented several price hikes in recent months.
In 2025, rebar price in Dubai is approximately AED 2,668 per ton, equivalent to cost of 1 kg steel at AED 2.66. Prices have increased due to rising raw material costs, billet shortages, and strong construction demand.
The Steel rebar 8mm x 12m of Emirates Steel is AED 2,636.55 per ton, reflecting the current market rate for this high-quality construction material.
📈 Current Dubai Steel Prices
Dubai steel prices have shown a consistent upward trajectory over recent months, driven by strong domestic demand and fluctuations in raw material costs. According to the latest data from local steel supplier, the price of metal rebar has steadily increased.
In September 2024, Dubai steel prices stood at AED 2,456.25 per ton, which translates to AED 2.5 one kg steel price. This marked the beginning of a gradual price hike that continued through the end of the year. By December 2024, Dubai steel prices had climbed to AED 2,618 per ton (AED 2.618 per kg)
Indicates a significant rise of over AED 160 per ton in just three months. Dubai steel prices trend persisted into the new year, with January 2025 prices reaching AED 2,668 per ton or AED 2.668 per kg. This represents an overall increase of more than AED 211 per ton since September.
This price escalation is attributed to a combination of factors including higher scrap prices, limited billet availability, and an increase in regional construction activities. Industry experts anticipate that the market will remain firm in the coming months, urging contractors and suppliers to plan their procurement strategies accordingly.
📊 Price Trend Overview
Between September 2024 and January 2025, Dubai steel prices for rebars witnessed a notable increase of approximately AED 212 per ton, reflecting a growth of 8.6% over just four months. This sharp upward movement is a clear indication of the market’s responsiveness to supply and demand dynamics within the region.
Several key factors have contributed to this price hike. One of the primary reasons is the strong domestic demand fueled by Dubai’s ongoing infrastructure projects and a surge in real estate development. With construction activity remaining steady across both public and private sectors, the need for high-quality steel rebar has significantly increased.
Another major contributor to the rising prices is the limited availability of steel billets, which are essential for rebar production. Supply chain disruptions, both locally and globally, have led to tighter inventories, pushing prices upwards. In addition, escalating costs of raw materials, particularly iron ore and scrap metal in international markets
Which have further added pressure on pricing. Industry analysts expect the steel market price in the UAE to remain firm in the coming months. Stakeholders are advised to closely monitor these trends and plan purchases strategically to mitigate cost impacts.
🏗️ Market Outlook
Industry experts forecast that steel prices in the UAE are likely to continue their upward trajectory, with projections suggesting they may stabilize within the range of AED 2,300 to AED 2,400 per ton in the near term. Although current market rates are higher, this anticipated range is considered sustainable for long-term operations by many within the industry.
Several key factors support this projection. First, scrap metal prices—a major component of steel production—have been rising steadily in global markets. This has a direct impact on steel pricing in the UAE, which is heavily dependent on imported raw materials.
Second, there is a limited supply of steel billets, which are essential for rebar manufacturing. This shortage has led to higher input costs for producers. Additionally, most steel mills in the UAE are expected to operate at full capacity to meet growing construction demands, particularly in cities like Dubai and Abu Dhabi where infrastructure projects are ongoing.
Full-capacity production typically brings operational cost efficiencies, but it also signals tight supply-demand conditions. As a result, industry professionals advise construction firms, developers, and procurement officers to keep a close eye on market trends and secure contracts early to manage cost volatility.
📌 Key Takeaways
As of January 2025, the current Dubai steel prices for rebar stands at AED 2,668 per ton, which equals AED 2.668 per kilogram. This price reflects a continuation of the upward trend witnessed over the past few months.
Between September 2024 and January 2025, Dubai steel prices have surged by approximately 8.6%, rising from AED 2,456.25 to AED 2,668 per ton. This sharp increase highlights the tightening market conditions and growing cost pressures faced by the construction and manufacturing sectors in the UAE.
Several key market drivers are behind this price escalation. Strong domestic demand remains a significant factor, driven by active real estate development, public infrastructure projects, and private sector investments. Additionally, rising raw material costs, particularly for scrap metal and iron ore, have placed upward pressure on production costs globally.
Compounding the issue is the limited availability of steel billets, a core component in the production of rebar. This billet shortage, both regionally and internationally, has further restricted supply and contributed to price inflation.
With construction momentum continuing across the country, industry experts anticipate that Dubai steel prices may remain elevated in the near term, urging buyers to strategize procurement accordingly.
For the most accurate and current steel pricing in Dubai, stakeholders should consult directly with steel producer or authorized distributors to ensure reliable rates, product availability, and updated market insights.
Prices are based on available data as of January 2025. For the most accurate and current pricing, consult Emirates Steel or authorized distributors directly.