28
Feb
16:17
Chinese HRC prices attract buyers in GCC
Hot rolled coil buyers in the Gulf Cooperation Council have received unsolicited offers from the major Indian, Japanese and Taiwanese mills. However, ex-China HRC sales have dominated the bloc since last week due to their attractive prices. This week, imported HRC quotes have increased by $5-10/tonne on-week.
Stockists in United Arab Emirates who have assorted sizes and grades in their inventories, mostly Chinese material, are offering attractive delivered HR…
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Anonymous
Very good overview of the weekly steel market.
Anonymous