Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Abu Dhabi and Al-Ain City municipalities have given out administrative circulars to regulate usage of rebar in the UAE. The municipalities will not allow permits for buildings unless they are using locally produced steel. It is mandatory for all parties involved to use Emirati steel for all construction works along with the rebar used in reinforced concrete works. All these rules are applicable to all projects, effective Aug 17, 2021. 

Fierce competition and limited market opportunities for the UAE steel producers led to government intervention. The revised regulations create favorable opportunities for domestic steel producers. 


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