21
Nov
14:24
Rebar retail prices soften in Saudi Arabia
Rebar prices in the Saudi Arabian retail segment have softened due to the subdued market. This week, traders are offering the benchmark mill's rebar at SAR 2,680-2,700/tonne ($714-720) delivered, undercutting their own purchasing price for November deliveries at SAR 2,800/t delivered to trader’s yard, Kallanish notes.
Tier-two mills have reduced their rebar prices to SAR 2,600/t delivered across the country from the SAR 2,650/t set at the begin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous