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27 Jan
17:23

Saudi’s Hadeed rolls over rebar price again

Saudi Arabia's largest producer, Hadeed, has rolled over its 12-32mm diameter domestic rebar price at SAR 2,750/tonne ($733) delivered within the country for a consecutive month. The announcement came late on Thursday, the end of the Saudi working week. "Most of the Gulf Cooperation Council rebar producers are keeping their prices for February shipments unchanged. This has not been a surprise for us," comments a senior mill official. In Novembe…
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