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Arab Steel Summit

Hadeed leaves long steel prices unchanged for April deliveries

Saudi Iron and Steel Company (Hadeed) has announced that long steel prices will remain unchanged for April deliveries.

The company is offering rebar (12-32 mm) at SAR 2,350 ($626) per ton, while wire rod (6.5-16 mm) is set at SAR 2,320 ($618) per ton.

Above prices are on a CPT Riyadh basis, excluding 15pct VAT.

$1 = 3.75 SAR

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