09
Aug
13:38
Saudi sees cheaper HRC import quotes, Hadeed unmoved
Despite cheaper imported hot rolled coil prices offered in Saudi Arabia, local producer Saudi Iron & Steel Company (Hadeed) has rolled over HRC prices this week, local sources tell Kallanish.
SAE 1006 re-rolling grade 3mm and up HRC is 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 4,237.5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous