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24 Mar
12:08

Saudi billet prices remain most competitive in GCC

The Gulf Cooperation Council domestic billet market is seeing a wide price range of $760-840/tonne ex-mill, with Saudi Arabia's induction furnace billet prices the most competitive, Kallanish understands. This week in Saudi Arabia, billet producers from Riyadh and Dammam are offering 130-150mm 4sp grade billet at SAR 2,850-2,925/t ($760-780) ex-works for both the domestic market and neighbouring GCC countries, but valid only for one or two days. An offer …
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