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27 May
17:34

Saudi prices remain below EU/US, exports increase: NCSI

Saudi Arabian steel prices remain at below levels in the European and North American markets despite successive global iron ore and consequently steel price hikes, says the Saudi National Committee for Steel Industry (NCSI). Local mills have sufficient capacity to meet the needs of the market, while surplus production has enabled mills to increase exports to various destinations, including China, NCSI observes in a note seen by Kallanish. Commenting on recent Chi…
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