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20 Sep
16:04

Saudi Arabian rebar producers' billet enquiries decline

Saudi Arabian merchant billet producers have seen a drop in billet enquiries, coinciding with the Dammam-based fully integrated mill making its billet offer at SAR 1,950/tonne ($520) loaded on truck. The first shipment of imported scrap is expected to be delivered at the end of September to a Riyadh-based mill's west coast facility, with two more to follow in October, notes Kallanish. The other four full-vessel loaded imported scrap cargoes ordered by the Sa…
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