02
Nov
00:00
Increasing number of small rebar producers 'disturbing' Saudi market, says SABIC
A small but increasing segment of small-scale rebar producers is intensifying competition in the Saudi Arabian market. Domestic rebar capacity utilization is at around 75-76% meanwhile and an overstock of 850,000 tonnes remains, according to Saudi steelmaker SABIC.
Saudi’s rebar production capacity is estimated at around 11.3 million tonnes/year, while current consumption totals 9mt, of which 1.1mt is imported. This results in oversupply, Khaled Al-Beg…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous