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United Arab Emirates paid the most for steel TMT rebar in Q2 2026: USD 0.596/KG, up 3.7% from USD 0.575 in Q1. Thermo-mechanically treated, or TMT, rebar is produced by rapidly quenching hot-rolled bar at the mill, then allowing the core heat to temper the outer layer, yielding a bar with a tough, ductile core and a harder, more corrosion-resistant outer surface than conventional hot-rolled rebar.
TMT rebar has become the dominant reinforcing bar standard across India and the Gulf Cooperation Council states, valued for its superior earthquake resistance, weldability, and corrosion resistance relative to older rebar production methods still more common in some other regions. India, both a major producer and the world's largest TMT rebar consuming market, has seen strong demand growth tied to government affordable housing schemes and highway infrastructure investment, giving this market a close tie to Indian public policy and construction cycles.
The UAE and Saudi Arabia, both major construction markets given their large-scale infrastructure and real estate development programmes, generally trade at a premium to India and China, reflecting higher regional production costs and strong project-driven demand. Because TMT rebar's specific quenching and tempering process requires more sophisticated mill technology than basic hot-rolled bar production, it commands a modest premium over standard rebar grades even when made from the same underlying iron ore, scrap, and coking coal inputs.
Comparing the four markets side by side, United Arab Emirates sat about 22% above China as Q2 closed. That kind of gap is common where import exposure and domestic production costs diverge as sharply as they do here.
Expect steady gains across all four markets through H2 2026 as construction and infrastructure spending continues its gradual growth. China should retain its position as the most competitively priced origin given its scale of production capacity. The UAE should retain its premium given strong project-driven demand from the region's large-scale infrastructure and real estate development programmes. Indian government housing and infrastructure scheme spending remains the key structural driver to watch, given the country's position as both the largest producer and consumer of TMT rebar specifically.
On balance, the first half of 2026 brought a 3.6% increase average move across the 4 markets covered here, a trend that should persist through year end absent a material change in the underlying drivers.
| Region | 2026 Price Range (USD/KG) | Outlook |
| Global Average | 0.530 - 0.584 | Balance of regional supply and demand conditions |
| India | 0.516 - 0.569 | Strong government housing scheme and highway infrastructure demand kept Indian pricing climbing |
| China | 0.474 - 0.523 | Ample production capacity met firming feedstock costs |
| United Arab Emirates | 0.578 - 0.638 | Strong project-driven demand from the region's large-scale infrastructure and real estate development programmes kept the UAE at the top of this group |
| Saudi Arabia | 0.551 - 0.608 | Firm construction sector demand tied to the country's development programmes supported a firm increase |
In Q2 2026, India priced at USD 0.532/KG, up 3.9% from USD 0.512/KG the previous quarter, putting it the 3rd most expensive of the 4 markets tracked this quarter.
Why did the price of Steel TMT Rebar change in Q2 2026 in India?
Strong government housing scheme and highway infrastructure demand kept Indian pricing climbing, with India now sitting about 2.6% below the 4-region average this quarter.
India has averaged 1.9% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.
China reached USD 0.489/KG in Q2 2026, ample production capacity met firming feedstock costs, making it the most affordable of the 4 markets tracked here this quarter.
Why did the price of Steel TMT Rebar change in Q2 2026 in China?
Ample production capacity met firming feedstock costs, supporting a steady increase, even as China remained the most competitively priced of the four markets, which puts China roughly 10.5% below the average across the 4 regions this report tracks.
Set against a 1.1% average quarterly pace over the six quarters this report tracks, China's move this quarter landed faster than that trend.
United Arab Emirates rose 3.7% to USD 0.596/KG in Q2 2026, strong project-driven demand from the region's large-scale infrastructure and real estate development programmes kept the UAE at the top of this group, ranking it the priciest among the 4 markets this report follows.
Why did the price of Steel TMT Rebar change in Q2 2026 in United Arab Emirates?
Strong project-driven demand from the region's large-scale infrastructure and real estate development programmes kept the UAE at the top of this group, working out to United Arab Emirates trading about 9.1% above this quarter's 4-region average.
Measured against United Arab Emirates's own average pace of 1.8% a quarter across the six quarters this report tracks, this move came in faster than that pace.
USD 0.568/KG. That is where Saudi Arabia landed in Q2 2026, up 3.6% from USD 0.548/KG in Q1 2026, placing it the 2nd most expensive across the 4 regions covered in this report.
Why did the price of Steel TMT Rebar change in Q2 2026 in Saudi Arabia?
Firm construction sector demand tied to the country's development programmes supported a firm increase, leaving Saudi Arabia running roughly 4.0% above the 4-region average for the quarter.
That is faster than the 1.8% average quarterly move Saudi Arabia has posted across the six quarters this report tracks.
In Q1 2026, India priced at USD 0.512/KG, up 1.4% from USD 0.505/KG the previous quarter, putting it the 3rd most expensive of the 4 markets tracked this quarter.
Why did the price of Steel TMT Rebar change in Q1 2026 in India?
Early-year infrastructure and housing scheme demand supported a firm start to 2026, with India now sitting about 2.9% below the 4-region average this quarter.
India has averaged 1.9% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.
China reached USD 0.475/KG in Q1 2026, feedstock costs firmed modestly as the year opened, making it the most affordable of the 4 markets tracked here this quarter.
Why did the price of Steel TMT Rebar change in Q1 2026 in China?
Feedstock costs firmed modestly as the year opened, carrying through to a steady early-year increase, which puts China roughly 10.0% below the average across the 4 regions this report tracks.
Set against a 1.1% average quarterly pace over the six quarters this report tracks, China's move this quarter landed slower than that trend.
United Arab Emirates rose 1.3% to USD 0.575/KG in Q1 2026, strong project-driven demand supported a firm start to 2026, ranking it the priciest among the 4 markets this report follows.
Why did the price of Steel TMT Rebar change in Q1 2026 in United Arab Emirates?
Strong project-driven demand supported a firm start to 2026, working out to United Arab Emirates trading about 9.0% above this quarter's 4-region average.
Measured against United Arab Emirates's own average pace of 1.8% a quarter across the six quarters this report tracks, this move came in slower than that pace.
USD 0.548/KG. That is where Saudi Arabia landed in Q1 2026, up 1.3% from USD 0.541/KG in Q4 2025, placing it the 2nd most expensive across the 4 regions covered in this report.
Why did the price of Steel TMT Rebar change in Q1 2026 in Saudi Arabia?
Consistent construction sector demand carried prices higher as the new year began, leaving Saudi Arabia running roughly 3.9% above the 4-region average for the quarter.
That is slower than the 1.8% average quarterly move Saudi Arabia has posted across the six quarters this report tracks.
The global average climbed steadily across the window, from USD 0.503/KG in Q1 2025 to USD 0.546 by Q2 2026, a gain of 8.6% over six quarters.
| Quarter | Price (USD/KG) | QoQ Change | Direction |
| Q2 2026 | 0.546 | +3.6% | ↑ Rising |
| Q1 2026 | 0.527 | +1.2% | ↑ Rising |
| Q4 2025 | 0.521 | +1.2% | ↑ Rising |
| Q3 2025 | 0.515 | +1.2% | ↑ Rising |
| Q2 2025 | 0.509 | +1.2% | ↑ Rising |
| Q1 2025 | 0.503 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
The global steel TMT rebar average moved steadily through 2025, opening near USD 0.503/KG in Q1 and closing the year at USD 0.521, a 3.6% increase.
India prices moved from about USD 0.485/KG in Q1 2025 to USD 0.505 by Q4, up roughly 4.1%. That left India ranked 3 of 4 tracked markets heading into 2026.
China prices moved from about USD 0.462/KG in Q1 2025 to USD 0.472 by Q4, up roughly 2.1%, placing China 4 of 4 tracked markets as 2025 closed out.
United Arab Emirates prices moved from about USD 0.545/KG in Q1 2025 to USD 0.567 by Q4, up roughly 4.1%. United Arab Emirates closed the year ranked 1 of the 4 markets this report tracks.
Saudi Arabia prices moved from about USD 0.520/KG in Q1 2025 to USD 0.541 by Q4, up roughly 4.0%, leaving Saudi Arabia in 2 place among the 4 tracked markets heading into the new year.
Expert Market Research: Your Source for Real-Time Steel TMT Rebar Price Intelligence
We monitor steel TMT rebar markets across every region with meaningful production or consumption, connecting the price you see to the iron ore/steel scrap and coking coal costs and demand conditions behind it. The result is a regularly updated view built from the ground up rather than a single static figure.
Our forecasts combine production capacity data with feedstock cost trends and regional demand signals, giving sourcing teams a defensible basis for budgeting and supplier negotiations beyond a single point estimate.
Get in touch with our analysts if you need a more detailed regional view, historical pricing beyond the six quarters shown here, or a sourcing analysis built specifically around your procurement footprint.
We track TMT rebar as a distinct grade from the more general Rebar and HRB Steel reports this pipeline also covers, since the specific quenching and tempering process and its concentration in South Asian and Gulf markets give it its own regional pricing pattern.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Thermo-mechanically treated, or TMT, rebar is produced by rapidly quenching hot-rolled bar at the mill, then allowing the core heat to temper the outer layer, yielding a bar with a tough, ductile core and a harder, more corrosion-resistant outer surface than conventional hot-rolled rebar.
In Q2 2026, it averaged USD 0.532/KG in India, USD 0.489/KG in China, USD 0.596/KG in United Arab Emirates, USD 0.568/KG in Saudi Arabia, with United Arab Emirates the priciest of the 4 markets tracked in this report.
The global average moved from USD 0.521/KG in Q4 2025 to USD 0.527 in Q1 2026, then to USD 0.546 by Q2, a 4.8% increase across the two quarters.
Strong government housing scheme and highway infrastructure demand kept Indian pricing climbing. The other regions in this report saw broadly comparable pressures, though the specific mix of supply and demand drivers varied from market to market.
Expect steady gains across all four markets through H2 2026 as construction and infrastructure spending continues its gradual growth.
Regional pricing spans from China at the low end to United Arab Emirates at the high end among the 4 markets tracked here. That range comes down mainly to production cost structure, import reliance, and how tight local demand is running, all of which can shift the ranking over time.
Scrap steel and iron ore costs, which move independently and can pull TMT rebar pricing in different directions; Construction and infrastructure spending across South Asia and the Gulf, the dominant demand driver; Government housing and infrastructure scheme spending in India specifically, along with broader macroeconomic conditions across the 4 regions this report tracks.
Because TMT rebar's specific quenching and tempering process requires more sophisticated mill technology than basic hot-rolled bar production, it commands a modest premium over standard rebar grades even when made from the same underlying iron ore, scrap, and coking coal inputs.
TMT rebar requires a rapid quenching and self-tempering process at the mill immediately after hot rolling, a more sophisticated production step than conventional hot-rolled bar requires. That additional processing, which gives TMT rebar its superior ductility, weldability, and corrosion resistance, adds a modest but consistent cost premium over standard rebar grades even when both are made from essentially the same iron ore, scrap, and coking coal inputs.
Monthly, though our analysts flag any material shift in feedstock costs or regional demand as soon as it emerges.
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