Hadeed announces rebar and wire rod prices for Aug output

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