24
Aug
13:05
China drives Saudi 7% rod/bar H1 imports increase
Saudi Arabian imports of rebar and wire rod rose 45% on-year in June to 95,162 tonnes, according to General Authority for Statistics data monitored by Kallanish. This was driven mainly by a surge in supply of rod from Egypt and China.
China-origin wire rod supply surged 125% in June to 52,937t, while imports from Egypt ballooned over 900% to 11,790t. Supply from United Arab Emirates inched down -1% to 17,460t.
On straightened rebar – under HS code …
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Anonymous
Very good overview of the weekly steel market.
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