02
Aug
14:26
Pressure increases on Saudi HRC prices
Saudi Arabian hot rolled coil prices are under pressure from soft demand and cheaper import offers, local sources tell Kallanish.
Saudi Iron & Steel Company (Hadeed) has this week announced prices for SAE 1006 re-rolling grade 3mm and up HRC at SAR 4,087.5/tonne ($1,090), while 2mm product is at SAR 4,162.5/t ($1,110) delivered within Saudi Arabia for October delivery.
3mm and up SS400 grade HRC is at SAR 4,162.5/t ($1,110), while 2mm product is at SAR 4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous