27
Sep
15:44
Hadeed increases wire rod, retains rebar October tags
Saudi Arabia's largest steel producer and market setter, Hadeed, has raised its October-rolling domestic effective wire rod prices and kept rebar prices almost stable from September, Kallanish notes.
The company kept coil – wire rod and rebar in coils – and rebar list prices unchanged from September at SAR 2,350/tonne ($626.6) delivered nationwide. However, it increased the so-called eligibility rate by five percentage points over September for all…
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Anonymous
Very good overview of the weekly steel market.
Anonymous