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27 Nov
12:52

Saudi's Hadeed keeps December-delivery longs prices unchanged

Saudi Arabia's largest steel producer and market maker, Jubail-based Hadeed, has rolled over from November its domestic rebar and wire rod prices, and discounts for December orders, notes Kallanish. Unchanged from November, rebar is at SAR 2,400/tonne ($640), and wire rod is at SAR 2,450/t ($653), delivered nationwide. Separately, for each item, there is a SAR 50/t Project-1 rebate for quantities above the eligibility rate and SAR 100/t deducted from the list …
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