06
Dec
14:02
Saudi rebar prices trend up on shortage
Saudi Arabia is seeing rebar shortages in the west and north, and also, oddly, of 14mm diameter product, Kallanish notes.
Mills are witnessing increased demand from traders. Even the largest traders are knocking on the doors of medium-capacity re-rollers, sources observe. The shortage is attributed to four reasons: the billet shortage in the country, since some mills exported billet to neighbouring countries in November for December delivery; secondly, increased d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous