25
Mar
08:53
Hadeed keeps longs prices unchanged for April deliveries
Hadeed, perceived as the sole tier-one mill in Saudi Arabia, has left unchanged from March its April-delivery long steel prices.
12-32mm diameter rebar is at SAR 2,350/tonne ($627), while rebar in coils of 8-14mm dia, and 7-11mm dia wire rod are at SAR 2,450/t ($653). The steelmaker levies a SAR 100/t ($26.6) extra for 5.5mm dia wire rod. Prices are on a 90-day credit basis and delivered across the country, notes Kallanish.
The announcement was made on 24 March a…
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Anonymous
Very good overview of the weekly steel market.
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