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06 Nov
14:34

Saudi's Rajhi holds rebar prices as others elevate

Saudi Arabia's Al Rajhi has maintained its October rebar prices at an effective average of SAR 2,257/t ($602) for November deliveries, although all other mills have followed the benchmark mill's price increase announced on 29 October by SAR 50-75/t ($13-20) on the month, notes Kallanish. This week in Saudi Arabia, rebar quotes from third-tier mills hover around SAR 2,130-2,150/t in Riyadh and SAR 2,150-2,175/t in Jeddah and Dammam on an ex-works and cash p…
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