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27 Jul
12:49

Saudi’s Hadeed brings down rebar prices

Saudi Arabia's largest producer and market maker, Saudi Iron and Steel Company (Hadeed), has inched down its domestic 12-32mm diameter rebar and 9mm+ wire rod and rebar in coils prices by SAR 100-150/tonne ($26.6-40) on-month for August deliveries, Kallanish learns. It announced these prices on Wednesday afternoon.  New prices for rebar of 16-32mm diameter have been reduced to net SAR 2,700/t ($720), while 12-14mm dia rebar is at net SAR 2…
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