29
Nov
14:35
Saudi billet demand firms, prices stable
Saudi Arabian rebar price stability over the past month has maintained domestic billet and scrap prices, which is likely to continue in December. Billet producers are observing robust demand, notes Kallanish.
The benchmark mill was yet to announce its December scrap buying prices by Wednesday deadline, but scrap dealers anticipate no change from November. The benchmark mill shapes domestic scrap quotes as the largest consumer, taking in nearly 1.2 million tonnes/y…
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Anonymous
Very good overview of the weekly steel market.
Anonymous