02
Mar
10:46
Saudi domestic scrap prices remain unchanged in March
Saudi Arabia's scrap market has found clarity after the benchmark mill informed scrap traders it is keeping scrap buying prices unchanged for March, Kallanish understands.
The east coast-based benchmark mill is the largest scrap buyer in the country, consuming nearly 1.2-1.4 million tonnes/year of scrap, thereby setting scrap prices in the domestic market.
In Dammam and Jubail, HMS 80:20 grade for March delivery is at SAR 1,680/tonne ($448), shredded at SAR 1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous