02
May
15:16
Saudi benchmark mill offers billet in domestic market
The Jubail-based Saudi benchmark, electric arc furnace-route mill has been offering rebar-grade billet in the domestic market against cash in advance at SAR 2,030/tonne ($541) delivered to Riyadh, for delivery within ten days. This is equivalent to SAR 1,990-1,995/t ex-mill.
One Riyadh re-roller has booked a small, 2,000-tonne package, while others have yet to place their bids, notes Kallanish.
Scrap flows have improved but are still not at desired levels, with pā¦
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