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08 Jul
10:39

New Saudi measures concern Oman steel suppliers

Oman’s steelmakers are anxious due to the “rules of origin” decree in Saudi Arabia, which took effect the same day it was announced, on 3 July, catching the market by surprise. A large number of trucks are waiting at the Saudi border because of uncertainty over the decree’s implementation. Pre-paid orders dispatched according to the agreed delivery schedule reached the border at the start of this week, and are now waiting under the sun in 5…
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