Saudi Arabian flats market maintains its silence

Monday, 20 April 2009 15:37:04 (GMT+3)   |  
       

In the Saudi Arabian domestic flats market SABIC production HRC prices are at the level of SAR 1,800/mt ($480/mt) ex-works, the same producer's CRC prices are at SAR 2,150/mt ($573/mt) ex-works, while its HDG prices are at SAR 2,800/mt ($746/mt) ex-works. All prices are for new production materials.

On the import side, traders' offers for MMK production 2.0 mm HRC to Saudi Arabia are at the price level of $390/mt CFR Jeddah for May shipment, while Egyptian producer EZDK is offering a large tonnage of 2.0 mm HRC to the same country in the price range of $390-400/mt CFR Jeddah, also for May shipment.

US$1 = SAR 3.75027


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