07
Aug
13:53
Saudi tier-three mills inch up rebar tags
Saudi Arabian tier-three mills have inched their rebar prices up to SAR 2,070-2,100/tonne ($552-560) from last week’s SAR 2,000-2,050/t against cash payment and delivered within their respective city or nearby districts, notes Kallanish.
"This week, tier-three mills' rebar in the retail market would slightly inch up after they hiked their quotes," comments a trading source.
This week, big, category A traders are offering from inventory to smal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous