29
Apr
15:55
Saudi rebar market keeps ticking over
With its slow but steady activity, the Saudi rebar market is said to be a beacon of resilience in the Gulf Cooperation Council.
This is due to subdued end-user rebar demand, on account of high interest rates impacting real estate development, low scrap generation keeping prices firm, and oversupply keeping rebar prices under pressure, notes Kallanish.
Hadeed's decision to maintain its rebar prices for the third consecutive month, followed by competitors rolli…
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Anonymous
Very good overview of the weekly steel market.
Anonymous