04
Apr
15:42
Sabic increases rebar $27 on costlier raw materials
Saudi Iron and Steel Company (Hadeed) has increased its rebar prices to the domestic market by SAR 100/tonne ($27) to account for costlier raw materials and higher rebar offers from Turkey and United Arab Emirates, market participants tell Kallanish.
This is the first time the steelmaking subsidiary of Sabic has increased its rebar price in over five years, and follows three reductions in 201…
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Anonymous
Very good overview of the weekly steel market.
Anonymous