29
Mar
12:04
Hadeed hikes rebar, intra-GCC trade prices follow
Saudi Arabia's largest integrated mill, Hadeed, has increased its domestic rebar net prices by SAR 200-400/tonne ($53.3-106.6), market participants tell Kallanish.
Prices of 12-32mm diameter rebar are now at SAR 3,200/t ($853.3) across all sizes, versus SAR 2,800/t for 16-32mm and SAR 3,000/t for 12-14mm previously. 9mm+ wire rod net price has been hiked by SAR 250/t ($66.6) to SAR 3,300/t ($880), from SAR 3,050/t ($813) valid for March.
In mid-March, Hadeed …
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Anonymous
Very good overview of the weekly steel market.
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