SteelOrbis has been informed that the local offers for 8-12 mm
rebar in the Saudi Arabian market stand in a range of SAR 5,380-5,800/mt ($1,434-1,546/mt) delivered to customer, including five percent VAT, on a theoretical weight basis. It is reported that the Saudi Arabian domestic
rebar market is showing considerable strength at the current time and that buyers are also active in the import market.