According to market sources, domestic HMS I/II 80:20 scrap prices in the eastern and western regions of Saudi Arabia have moved sideways since October 12 and are still at SAR 700-750/mt ($187-200/mt) ex-yard and SAR 600-650/mt ($160-173/mt) ex-yard, respectively.
Meanwhile, demand for scrap in the Saudi Arabian market is still at medium levels.
$1 = SAR 3.75