26
Jun
14:57
Saudi's Hadeed lifts longs prices as costs rise
Hadeed, Saudi Arabia's largest steel producer, has slightly increased its domestic prices for July-delivery finished long products amid lacking demand and increased domestic scrap tags.
This is the first price announcement by the new management, which took office in early June after new owner Public Investment Fund (PIF)’s acquisition of Hadeed was approved by regulatory authorities in May, Kallanish notes.
Prices for 12-40mm diameter rebar, 8-14mm reba…
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Anonymous
Very good overview of the weekly steel market.
Anonymous