22
May
13:15
Hadeed keeps rebar prices unchanged, partially removes discount
Saudi Arabia's largest producer, Hadeed, has rolled over its June-rolling rebar and wire rod prices from May quotes.
The company also removed the May-valid project discount of SAR 200/tonne ($53.3) given for quantities above 100% of the pre-agreed quota. But it kept the SAR 150/t project discount for amounts above the eligibility percentage. The eligibility percentage varies based on customer classification, Kallanish notes.
The…
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Anonymous
Very good overview of the weekly steel market.
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