Steel Rebar (UAE) Prices

15-04-2026 - The current market analysis indicates a downward pressure on raw material prices, as forecasted by technical data, which suggests a decrease of $7.0 per ton. This decline is primarily influenced by calendar effects, contributing $5.0 per ton, and trend following, adding $2.0 per ton to the downward trend. All data sources consistently show no upward price pressure.

The International Rebar Producers and Exporters Association (IREPAS) has highlighted a decline in the global long steel products market, including rebar, due to supply-side disruptions caused by conflicts in Iran and Ukraine. These geopolitical tensions have led to increased costs for energy, electricity, and freight, which have been passed on to customers, resulting in higher prices. Despite these price increases, the market remains volatile and is significantly affected by geopolitical developments. There is a considerable risk of an economic recession if the ceasefire in Iran fails to hold.

This analysis aligns with the forecasted decline in the FOEX Steel Rebar market. The combination of rising costs and geopolitical instability is expected to exert downward pressure on both demand and prices, reinforcing the forecasted trend.