31
Jan
14:11
Saudi rebar mills align on pricing
Following Hadeed’s roll-over of rebar prices for February deliveries, Rajhi Steel has hiked its February-delivery quote to SAR 2,750/tonne ($733), from SAR 2,600/t valid for January, bringing it in line with Hadeed.
Last week Hadeed rolled over its 12-32mm diameter rebar price at SAR 2,750/t for the second consecutive month (see Kallanish passim).
On Monday, Al Yamamah was still quoting 12-24mm dia rebar at SAR 2,800/t, unchanged from last month. Other majo…
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