24
Apr
17:34
Sabic hikes rebar third time in a month
Saudi Iron and Steel Company (Hadeed) has increased its rebar prices to the domestic market for the third time in more or less a month. The steelmaking subsidiary of Sabic has also equalised its prices for all regions in Saudi Arabia, market participants tell Kallanish.
The hike has come as international steel prices continue to climb, spurred by stronger demand in China, which has in turn seen iron ore and scrap prices shoot up. Turkish rebar quotes to the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous