Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

12 Jun

Saudi scrap prices rise amid shortages

Ahead of Eid, Saudi domestic scrap quotes have inched up SAR 20-25/tonne ($5-6) week-on-week due to scarcity, Kallanish hears from market participants.  On a delivered basis, HMS 1/2 80:20 is offered at SAR 1,620-1,630/t in Jeddah and SAR 1,660-1,675/t in Riyadh. Against full prepayment, scrap merchants in Riyadh provide a discount of SAR 25/t to close deals at SAR 1,650/t delivered for HMS 1/2 80:20 and shredded. The market is quiet, and supply is tight as …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.