14
Nov
13:45
Rebar retail prices slide in Saudi Arabia
Saudi Arabian rebar market activity remains silence and, in the absence of market direction, traders are keeping their intake low and maintaining their wait-and-see policy.
Hadeed is reported to be having an internal meeting on 15 November during which the current rebar market stagnation is expected to be discussed.
Rebar retail prices are sliding daily by SAR 5-10/tonne ($1.3-2.6). Traders are sitting on large stocks and want to deplete them so they do not enter…
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Anonymous
Very good overview of the weekly steel market.
Anonymous