11
Mar
13:55
Saudi domestic rebar, wire rod supply shortage persists
Saudi Arabia's benchmark mill has yet to improve the supply of specific sizes of rebar, coils and wire rod. There is a severe shortage of 12mm rebar, 10mm grade 60 rebar in coils (drawn wire) and 11mm plain wire rod. The supply of 16mm rebar is well below what is needed to meet market demand, notes Kallanish.
Both retail and wholesale – between traders – prices are stable, but given the regular drop in demand during Ramadan, traders expect that a d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous