Saudi Arabia’s Sabic raises rebar, wire rod prices on increased billet costs

Saudi Arabia’s biggest steel producer, Hadeed Sabic, has increased its domestic rebar price to 2,200 riyals ($586) per tonne ex-works, Metal Bulletin has learned.

This is 100 riyals per tonne higher than its previous price of 2,100 riyals per tonne ex-works, announced on September 6.

Sabic’s price...


Serife Durmus

September 29, 2017

14:38 GMT