13
Dec
13:42
Saudi billet demand increases over rebar hike anticipation
Saudi Arabia’s merchant billet producers are receiving an increasing volume of enquiries. However, due to liquidity shortages, some of those mills are offering discounted prices on cash in advance, thereby preventing others from raising their tags, notes Kallanish.
This week in Saudi Arabia, billet buyers in Dammam sealed multiple deals for small tonnages, 1,000-1,500 tonnes, of special grade – low-carbon or higher-manganese – billet at SAR 2,015…
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Anonymous
Very good overview of the weekly steel market.
Anonymous