08
Apr
12:52
Hadeed accelerates exports, records Vietnam, China HRC sales
Saudi Iron & Steel Company (Hadeed) anticipates a recovery in domestic demand in 2021 after its sales fell 5% on-year in 2020 to 4.61 million tonnes, while production also dropped 5% to 4.42mt.
Long product sales comprised 3mt, including exports to 19 regional and international destinations. “Strenuous” efforts to expand exports to offset weak local demand saw exports exceed their target by 70%, Hadeed says. They also posted a quarterly record of 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous