05
Jun
14:56
Saudi scrap consumers hope for lower domestic prices
Saudi Arabian scrap dealers are concerned about high scrap prices amid high collection costs and low margins. Scrap consumers – merchant billet producers and semi/fully-integrated mills – are meanwhile worried about high scrap buying prices and reduced material supply.
From the start of July, once the Eid holidays are over, industry participants wishfully anticipate scrap prices to fall, which may be led by major mills' scrap buying price policies,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous