Demand remains strong and prices stable in Saudi Arabian flat steel market

Thursday, 04 April 2013 16:21:13 (GMT+3)   |   Istanbul
SteelOrbis has been informed that that the Saudi Arabian market is still showing strong demand for flat steel products, while price levels have remained unchanged in the past two weeks.
 
Hot rolled coil (HRC) prices in the Saudi domestic market are standing at $700-720/mt ex-works for June and July shipments, while hot dip galvanized coil (HDG) prices are at $840-860/mt ex-works and pre-painted galvanized iron (PPGI) prices are at $940-980/mt ex-works, both for July shipments. In the meantime, HRC import offers from India and China to Saudi Arabia are still standing at $640-665/mt CFR Dammam for July shipments.

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