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13 Dec
15:25

Saudi rebar market remains strong

In Saudi Arabia, mills are concerned about rebar shipments, with the situation worsening since mid-November, Kallanish notes. “I started to believe that the SAR 50/tonne ($13.33/t) price increase for rebar on November quotation is factoring to logistics.This week I am paying to the logistic company for the same distance more than what I paid last week," comments a senior mill official Nearly all majör mills including Hadeed, Al Rajhi, Al Watania …
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