26
Oct
13:11
Hadeed domestic rebar price hike surprises market
Saudi Arabia petrochemical giant Sabic's wholly-owned subsidiary and country’s largest steelmaker Hadeed has surprised the market by increasing rebar prices by SAR 50/tonne ($13.3) on October quotes. It is also not offering a bonus – conditional discount – when a buyer fulfils the full monthly quota, Kallanish learns.
The company set its November-rolling domestic rebar net prices at SAR 2,800/tonne ($747) across all sizes …
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Anonymous
Very good overview of the weekly steel market.
Anonymous