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30 Sep
08:08

October scrap prices settle in Saudi Arabia

Saudi Arabian market leader Hadeed has decreased its scrap purchasing prices for October by SAR 100-120/tonne ($26.6-32) on September. HMS 80:20 is pegged at SAR 1,580/t, shredded at SAR 1,625/t, and PS (premium scrap) at SAR 1,650/t delivered, Kallanish learns from market sources. Saudi Arabia's local monthly scrap prices settle each time Hadeed's scrap procurement price is announced. The company announces its purchasing prices one or two …
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