20
Sep
13:19
Saudi rebar market eyes construction rebound
Saudi Arabia’s steel market has begun the week subdued. However, the weather is cooling and major projects such as Neom are exciting mills, with contractors collecting price offers for rebar.
Nevertheless, travel restrictions for workers are yet to be removed completely, which is hampering construction activity, Kallanish notes.
Hadeed’s 12-32mm rebar and 7mm+ wire rod monthly prices remain unchanged on-week at SAR 3,100/tonne ($826.6) and SAR 3,300/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous