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27 Sep
13:04

Hadeed removes discount on rebar, increases 16-32mm prices

Saudi Arabia's largest steel producer, market maker Hadeed, has set its October-rolling domestic rebar net prices at SAR 2,750/tonne ($733) across all sizes. This is up SAR 50/t on September in the case of 16-32mm diameter rebar, Kallanish notes. The company also hiked rebar in coil and wire rod prices by SAR 50/t to SAR 2,850/t ($760), all delivered within the country. The steelmaker has revoked the conditional discount of SAR 150/t f…
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