23
Apr
14:42
Saudi's Hadeed chooses domestic price stability
Saudi Arabia's largest steel producer and market designer, Hadeed, has kept domestic rebar in coil and wire rod prices unchanged for the third consecutive month. There are at SAR 2,350/tonne ($627) and SAR 2,450/t ($653), respectively, on a delivered and credit basis, for May rolling, notes Kallanish.
This was expected by most market participants (see Kallanish 23 April newsletter).
Keeping a close eye on the market dynamics and consumption figures compared t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous