Register | Forgot password?
Switch to Arabic
Tuesday, November 10 - 2009

Saudi iron prices fall

  • Saudi Arabia: Monday, August 25 - 2008 at 09:54

A group of contractors and builders who recently boycotted iron in Saudi Arabia has brought the prices down by around SR500 per ton, Arab News has reported. Iron factories and retailers had to lower prices, which had reached an unprecedented SR5,400 per ton. The kingdom's Ministry of Commerce and Industry has begun inspecting prices in the market in a bid to curb spiraling costs of iron.

Also consider reading:

Disclaimer:

The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.

AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.

In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.