| Announcements | ||
| Sabic Cuts Steel Prices by SAR 800 per tonne - 19 Nov, 2008 | ||
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Al-Eqtisadiah, citing a company statement, reported that Saudi Basic Industries Corp has cut prices of rebars by SAR 800 per tonne, bringing the reduction to 60% since September, as it seeks to support the local market. Sabic will price reinforced steel at SAR 1,956 per tonne in Riyadh, SAr 1,995 in Jeddah and SAR 1,925 riyals in Dammam. | ||
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