01
Dec
15:23
Hadeed hikes rebar again on further cost pressure
Saudi Iron & Steel Company (Hadeed) has increased its rebar prices for the domestic market by SAR 100/tonne ($27). Local market participants tell Kallanish the move is mainly cost driven and based on international pricing trends.
Rebar of 16-32mm diameter is now quoted at SAR 2,400/t ($640), while 12-14mm dia rebar is pegged at SAR 2,450/t.
The move is “…mainly cost driven and due to price improvements in the region, as we are heading now in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous