20
Mar
14:39
Saudi Arabia's rebar market sentiment improves
Saudi Arabia's rebar market sentiment has improved this week. This is backed by United Arab Emirates-based Emirates Steel Arkan's April-rolling domestic rebar hike announcement last Friday by $35/tonne on March to over $720/t delivered. Also, the Saudi benchmark mill is refusing to dispatch quantities above pre-agreed quotas with individual traders.
In the retail segment, last week's rise in benchmark mill's rebar pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous