Saudi Iron and Steel Company (Hadeed) has set its prices for rebar and wire rod for August production.
The company is offering rebar (12-32 mm) at SAR 2,410 (USD 642) per ton, unchanged from the previous month. In contrast, the price of wire rod (6.5-16 mm) has increased by SAR 50 (USD 13) to SAR 2,535 (USD 675) per ton.
The above prices are on CPT Riyadh basis and without 15 pct VAT.
1 USD / 3.75 SAR