15
Feb
12:59
Saudi billet exports increase on competitive price
Saudi Arabian merchant billet producers concluded three deals last week, each for 10,000 tonnes, for a combined tonnage of 30,000t destined for Jordan. Saudi billet is the most competitive in the Gulf Cooperation Council despite leaving no margin for the kingdom’s merchant billet producers.
For the Jordanian market, a mill in western Saudi Arabia concluded a deal at SAR 2,055/tonne ($548), while eastern suppliers concluded at SAR 2,090/t ($557…
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Anonymous
Very good overview of the weekly steel market.
Anonymous