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27 Dec
11:28

Saudi's Hadeed rolls over rebar price, increases coils

Saudi Arabian steel market-maker Hadeed has rolled over its domestic 12-32mm diameter rebar price at SAR 2,650/tonne ($706/t) and removed the project discount of SAR 150/t given in December on rebar. Meanwhile, the company increased 9mm+ wire rod and 8-16mm dia rebar in coil prices by SAR 50/t on-month for January deliveries. New prices for 8-16mm rebar in coils and 9mm+ wire rod have been increased to SAR 2,800/t, delivered within the cou…
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