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31 Jul
16:05

Saudi west coast rebar re-rollers seek Omani billet

Saudi Arabian west coast rebar re-rollers are seeking billet imports from Oman as domestic offers from Riyadh and Dammam are at SAR 2,130-2,160/tonne ($568-576). Omani producers, which issued their initial quotes at $513-515/t ex-works, are willing to compromise marginally, which could result in workable prices for buyers with import duty exemptions, Kallanish notes. On the west coast, rebar re-rollers with their own induction-route billet production line can only…
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