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04 Apr
15:08

Rebar prices surface in Saudi Arabia, Hadeed competitive

Saudi Arabian steel sector participants are seeing unprecedented rebar prices, while largest producer Hadeed’s rebar price for April deliveries is lower than almost all other mills, Kallanish notes. Last week, Hadeed set its 12-32mm diameter delivered net rebar price at SAR 3,200/tonne ($853.3) across all sizes, versus SAR 2,800/t for 16-32mm and SAR 3,000/t for 12-14mm previously.  Other major mills announced their April-delivery rebar price…
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