Import HDG offers for Saudi Arabia

Wednesday, 15 April 2009 15:01:15 (GMT+3)   |  
       

SteelOrbis has been informed that Taiwanese mill Yieh Corp. is offering 1.5-4.0 mm HDG to Saudi Arabia at the price level of $680/mt CFR Jeddah for June shipment. On the other hand, a trader is offering South Korean origin 1.5-4.0 mm HDG to Saudi Arabia at $620/mt CFR Jeddah for June shipment. Southeast Asian origin offers have shown an increase as compared to the previous weeks. However, it is said that these offers may be soften by $40-50/mt, depending on actual purchases and significant tonnages.


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