21
Mar
14:46
Saudi rebar retail profit margin hits records
Saudi Arabia's rebar retail market is seeing historically-high price tags and profit margins of SAR 400-500/tonne ($106-133).
Hadeed's rebar is offered in the retail market at SAR 3,400-3,500/t ($906-933), whereas non-Hadeed material varies at between SAR 3,450/t and SAR 3,900/t. All prices are delivered and exclude 15% VAT.
Hadeed increased its 12-14mm diameter rebar mill price on Monday last week by SAR 200/t to SAR 3,000/t, driven by demand and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous