01
Nov
13:24
Hadeed maintains rebar price amid other mills’ hikes
Rebar prices in Saudi Arabia have become apparent after Hadeed kept November-delivery quotes the same as the previous month.
Major Saudi mills Rajhi, Al Ittefaq, Yamamah and Watania increased their rebar prices SAR 50-75/tonne ($13.3-20) to SAR 2,700-2,750/t ($720-733). Medium-capacity re-rollers are offering at SAR 2,600-2,650/t delivered within the country for November deliveries, Kallanish notes.
“There is a shortage of rebar in the market and other mill…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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