07
Oct
09:25
Far Eastern mills dominate GCC HRC market
Since the last week of September, Far Eastern mills have swept the Gulf Cooperation Council hot rolled coil market with sales at $595-610/tonne cfr GCC ports.
After the South Korean company's HRC sales concluded in the week ending 30 September at $595-606/t cfr GCC for end-November shipment, the Japanese mill concluded several deals last week for a combined tonnage of nearly 25,000 tonnes. These were mainly for tube-making grades (SPHT 1-2-3) at $600…
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Anonymous
Very good overview of the weekly steel market.
Anonymous