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12 Jan
14:54

Far Eastern mill bags HRC orders in UAE

This week, in a fluctuating market, a Far Eastern mill has bagged two re-rollers' hot rolled coil orders in United Arab Emirates, Kallanish learns from market sources. Both re-rollers floated enquiries for SAE 1006 and SAE 1008 grades of multiple thicknesses. They concluded deals with the Far Eastern mill at base $660/tonne for 25,000 tonnes and at $670/t for 10,000t, both cfr Jebel Ali port, for March shipment and April delivery. "There i…
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