23
May
11:33
Saudi benchmark mill Hadeed raises rebar tags slightly
Saudi Arabia's largest steel producer and market setter, Hadeed, has marginally lifted its June-delivery domestic 12-40mm diameter rebar prices, by SAR 25/tonne ($6.6), versus May quotes to SAR 2,375/t ($633.3) delivered nationwide.
Kallanish learns from market sources that 8-14mm rebar in coils and 6.5-12mm wire rod prices remain stable from May at SAR 2,450/t ($653.3) delivered.
Hadeed follows a pricing strategy that includes a premium charge on its list p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous