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

08 May

Saudi's Al Ittefaq elevates domestic scrap quotes

Dammam, Saudi Arabia-based integrated mill Al Ittefaq has triggered a scrap price hike in the country of SAR 20-50/tonne ($5-13) on-week. This comes after it raised its delivered scrap purchase prices to SAR 1,620/t ($432) for HMS 1/2 80:20, SAR 1,650/t for shredded and SAR 1,675/t for PNS, with a payback period of 30-45 days. By being less selective in its scrap approvals during the off-loading process, the company is attracting more volumes from dealers. This ha…
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.