Saudi iron prices fall
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Saudi iron prices fall

Saudi iron prices fall

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.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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