03
Apr
15:11
Saudi tier-three mills issue rebar quotes
Saudi tier-three mills have issued their April-delivery rebar quotes at around SAR 2,200-2,225/tonne ($587-593) ex-works, on a credit basis. Saudi domestic rebar prices are the lowest in the Gulf Cooperation Council, Kallanish notes.
Tier-two mills’ delivered prices are at SAR 2,400/t ($640) for Rajhi and SAR 2,300/t for Al Ittefaq.
The Saudi benchmark mill announced its April-rolling price, after a decrease by SAR 150/t ($40) on-March, at SAR 2,3…
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Anonymous
Very good overview of the weekly steel market.
Anonymous