It is reported that Saudi Arabia’s Hadeed Saudi Iron & Steel Company has raised its list prices of flat steel products for January shipment.
It’s said that its production has been fully booked for next January thanks to the strong demand in domestic market. The current quotes of hot rolled coil rose to USD 700 per tonne to USD 720 per tonne slightly up by USD 10 per tonne from November price.
Besides, the prices of cold rolled coil prices are USD 800 per tonne to USD 820 per tonne that of galvanized coils has been up to USD 900 per tonne to USD 920 per tonne from the previous USD 880 per tonne.
(Sourced from YIEH.com)