04
Apr
17:16
Saudi issues first rebar export licence
Saudi Arabia has granted a rebar export licence to one steel producer, according to local reports. However, market participants told Kallanish exports are unlikely to increase because of the prohibitive conditions attached to the licence.
The licence permits rebar shipments abroad on the condition that the exporter pays the difference between energy costs in the Saudi market and those in the destination country. According to one mill source, this could add $18-1…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous