29
Jan
14:53
Saudi third-tier rebar transaction prices stay unchanged
Saudi Arabian third-tier mills have increased their rebar list prices by SAR 20-50/tonne ($5-10), but transaction prices remain the same. Traders who liquidated their stocks in January are considering raising their offers, but demand remains a concern. Kallanish notes that Riyadh rebar trading activity is more buoyant than in Jeddah or Dammam.
After the benchmark mill's rebar price increased by SAR 25/t versus January to SAR 2,350/t net delivered nationwide fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous