Saudi Iron and Steel Company (Hadeed) has announced its long product prices for September 2025, maintaining stability compared to the previous month. According to the new pricing, the company has kept the price of rebar (12 to 32 mm diameters) at SAR 2,130 per ton (approximately USD 566), while the price of wire rod (6.5 …
“Hadeed” Announces Long Steel Product Prices for September 2025 Read More »
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Saudi Arabia and Mauritania are preparing to launch a strategic partnership in iron ore mining, aimed at expanding economic cooperation and boosting investment flows between the two nations, according to media reports. The initiative was agreed upon following a meeting in Mecca between Saudi Crown Prince Mohammed bin Salman and Mauritanian President Mohamed Ould Cheikh …
Saudi-Mauritanian Partnership to Produce 14 Million mt of Iron Ore Read More »
South Korea’s steel exports to the United States plunged by 26% in July compared with the same month last year, weighed down by Washington’s tougher tariff measures, according to data from the Korea International Trade Association (KITA). South Korean news agency Yonhap reported that in June, U.S. President Donald Trump raised tariffs on steel and …
South Korea’s Steel Exports to the U.S. Fall to Lowest Level Since 2021 Read More »
Rebar prices in Saudi Arabia recorded a slight increase in the first half of 2025 compared to the same period last year. The rise was supported by continued demand for construction materials and infrastructure projects, before showing the first monthly decline in June. In January 2025, the average price per ton reached SAR 2,962 compared …
Rise in Rebar Prices in Saudi Arabia in H1 of 2025 Read More »