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19 Sep
15:45

Saudi mills raise quotes following positive conference sentiment

Saudi Arabian rebar mills raised rebar prices at the end of last week by SAR 50-100/tonne ($13.3-26.6) on-week, following the positive construction sector outlook provided at the Saudi International Iron & Steel conference in Riyadh. At the event, for which Kallanish was programme partner, high-profile speakers including Saudi Arabia’s industry and investment ministers, painted a rosy picture for Saudi construction steel demand amid Vision 2030 investmen…
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