28
Sep
12:50
GCC rebar prices decline, competition intensifies
The largest, price setting mills in United Arab Emirates and Saudi Arabia have announced their October-delivery rebar prices, as expected, with a significant reduction, notes Kallanish.
Saudi Arabia’s largest steel producer, Hadeed, has reduced its October-delivery rebar and wire rod prices each by SAR 400/tonne ($106.6). Hadeed’s 12-32mm rebar and 7mm+ wire rod prices are now at SAR 2,700/t ($720) and SAR 2,900/t ($773) respectively delivered in the c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous