17
May
09:58
Saudi concludes fresh, prompt-shipment billet export deals
Saudi Arabian induction furnace-route merchant billet producer Al Qaryan Steel has concluded three billet deals destined for Jordan and Bahrain.
Dammam-based Al Qaryan concluded 4,000 tonnes of 130mm 3sp billet at $515/tonne delivered to Bahrain and same-specification material at $527/t delivered to two buyers in Jordan: one parcel for 1,000t and the other 2,000t. All sales are on letter of credit at sight basis; prices exclude clearance and customs duty…
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Anonymous
Very good overview of the weekly steel market.
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