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05 Jul
15:34

Saudi tier-two mills roll over July-delivery rebar quotes

Saudi tier-two mills Al Ittefaq and Rajhi have rolled over their July-rolling rebar prices from June and informed their clients, Kallanish notes. They issued their rebar list prices at SAR 2,120-2,130/tonne ($565-568) delivered across the country. Two weeks ago, the benchmark mill issued its July-rolling rebar, rebar in coils and wire rod quotes each at SAR 2,350/t delivered nationwide, postponing the project discount decision until after the Eid holiday. On Wedn…
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