Saudi flat steel market quieter than longs market, demand stable

Wednesday, 18 April 2012 16:06:33 (GMT+3)   |  
The Saudi Arabian market is not currently as active for flat steel as it is for long steel products, while domestic demand for flat steel remains stable.
 
In the Saudi Arabian domestic market, hot rolled coil (HRC) prices are standing at $730/mt CPT Riyadh, while cold rolled coil (CRC) prices are at $850/mt CPT Riyadh. These offers given by a Saudi flat steel producer are more attractive than import offers, according to local buyers.
 
On the import side, Indian and Taiwanese 1.2 mm HRC offers are standing at $780/mt CFR, while HRC offers from Egypt are at $720/mt FOB.

Marketplace Offers

Hot Rolled Coil

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

Thickness 0.4 - 2.5 mm
Width 1,000 - 1,500 mm
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Hot Rolled Coil

Thickness 0.8 - 5 mm
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