Saudi Arabian billet producers are facing challenges due to a recent drop in rebar prices. Following the announcement of a reduction in rebar prices by local producers, including Hadeed, which cut its September price to $632 per tonne, the impact on billet prices has become evident. With rebar prices decreasing, demand for billet is expected to weaken, putting additional pressure on producers. As the market adjusts, the dynamics between rebar and billet pricing will be closely monitored, as further fluctuations could significantly affect the steel industry in the region.