Saudi Iron and Steel Company (Hadeed) has released its long steel prices for February deliveries. The price of rebar (12-32 mm) remains unchanged at SAR 2,400 (USD 639) per ton, while wire rod (6.5-16 mm) has been reduced by SAR 70 (USD 18) per ton to SAR 2,370 (USD 631) per ton. Above prices are on a CPT Riyadh basis, excluding 15pct VAT. 1 USD = 3.75 SAR
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Steel NewsJanuary 30, 20251 min read