26
Oct
13:27
Saudi, Egyptian HRC producers undergo maintenance
Saudi Arabia’s largest steelmaker, Hadeed, is dominating supply to the local market for buyers who are not entitled to an import duty exemption. The steelmaker’s maintenance, initially scheduled from 4-22 October, is yet to be completed, local market participants tell Kallanish.
Hadeed's official quote for SAE 1006 re-rolling grade 3mm and up hot rolled coil is at SAR 4,087.5/tonne ($1,090), while 2mm product is seen at SAR 4,162.5/t delivered…
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Anonymous
Very good overview of the weekly steel market.
Anonymous