Saudi Iron and Steel Company (Hadeed) has lowered its long steel prices by SAR 50 (USD 13) per ton for March deliveries.
The new pricing sets rebar (12-32 mm) at SAR 2,350 (USD 626) per ton, while wire rod (6.5-16 mm) is now priced at SAR 2,320 (USD 618) per ton.
The company has set the new prices for rebar (12-32 mm) at SAR 2,350 ($626) per ton, while wire rod (6.5-16 mm) is now priced at SAR 2,320 (USD 618) per ton.
Above prices are on a CPT Riyadh basis, excluding 15pct VAT.
1 USD = 3.75 SAR
