SteelOrbis has been informed that the price levels of stockists in Saudi Arabia for imported HRC are currently at SAR 2,100-2,300/mt ($560-613/mt) ex-warehouse, whereas the stockists' CRC prices are at SAR 2,900-3,100/mt ($773-826/mt) and their HDG prices are at SAR 3,200-3,800/mt ($854-1,014/mt).
While demand is not at high levels in Saudi Arabia, in particular the offers given by stockists have shown a slight increase with the conclusion of the holiday period.