9,312.13 TRY BIST 100 BIST 100
38.31 USD USD USD
5.29 CNY CNY CNY
43.49 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.74 TRY Interest Interest
66.21 USD Fossil Oil Fossil Oil
41.10 USD Silver Silver
488.00 USD Copper Copper
97.15 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,091.06 TRY Gold (gr) Gold (gr)

Saudi Iron and Steel company (Hadeed) maintains stable prices for May output

Saudi Iron and Steel Company (Hadeed) has announced that it will maintain current prices for rebar and wire rod for its May output, marking the third consecutive month of price stability.

Saudi Iron and Steel company (Hadeed) maintains stable prices for May output

Saudi Iron and Steel Company has announced that it will maintain its rebar prices for the month of April without any changes.

Despite external pressures, including global supply chain disruptions and raw material cost fluctuations, Hadeed aims to provide stability to its customers.
Consistent pricing fosters confidence among construction companies and contractors, allowing them to plan their projects effectively.

By keeping prices unchanged, Saudi Iron and Steel Company aims to provide certainty and reliability to its customers amid uncertain economic conditions.

Rebar (12-32 mm) prices will remain at 2,350 riyals ($626) per ton.

Wire rods (6.5-16 mm) will continue to be offered at 2,450 riyals ($653) per ton.

The above prices are based on Riyadh CPT and exclude the 15% VAT.

As construction activity continues to drive demand for steel products, Saudi Iron and Steel Company's commitment to price stability is expected to contribute to the sector's resilience and long-term growth.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Powerful explosion at Iranian commercial port: at least 25 dead, 800 injured

Sunday, April 27, 2025

Capacity utilization rate decreased in April

Friday, April 25, 2025

Asia’s Giants Take the Stage: The Global Impact of China and India

Friday, April 25, 2025

Global crude steel production increased by 2.9% in March

Thursday, April 24, 2025

AGPC reinforced its strength with 500 thousand tons of steel pipe production

Monday, April 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now