Flat steel prices drop in Saudi Arabia, demand shows sign of improvement

Thursday, 20 September 2012 15:22:05 (GMT+3)   |  
Flat steel prices in the Saudi Arabian domestic market have continued to trend downwards and demand has shown some signs of improvement. Some Saudi steel mills have even filled their order books for their November and December output this week with better demand Over last week, hot rolled coil (HRC) prices have decreased by $5/mt on the lower end of the price range and increased by $20/mt on the higher end, while cold rolled coil (CRC) offers have softened by $45-65/mt, hot dip galvanized offers have dropped by $10-60/mt and pre-painted galvanized iron (PPGI) prices have indicated a decline of $60-65/mt.
 
HRC prices in the Saudi Arabian market are now standing at $625-680/mt ex-works, while CRC prices are at $720-805/mt ex-works, HDG coil prices are at $790-880/mt ex-works and PPGI prices are at $840-930/mt ex-works, all excluding VAT, for advance payments and for October and November deliveries.

Marketplace Offers

Hot Rolled Coil

Thickness 1.5 - 25 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Cold Rolled Coil

Thickness 0.4 - 2.5 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

HDG Coil

Thickness 0.5 - 4 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

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