28
Jul
13:47
Hadeed rolls over rebar, wire rod
461 Views
Saudi Iron & Steel Company (Hadeed) has kept its rebar price unchanged on-month at SAR 3,100/tonne ($826) delivered within Saudi Arabia for August shipments.
Major Abu Dhabi-based rival Emirates Steel reduced its August rebar price earlier this week to AED 2,956/t ($805) ex-works from AED 3,012/t (see Kallanish passim).
Hadeed is benefiting from the rules of origin decree that is protecting local production, local market participants tell Kallanish.
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Burak Odabasi
Turkey
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous