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04 Apr
14:05

GCC HRC buyers observe sliding prices

Gulf Cooperation Council cold rollers and galvanizers closed their March sales with 25-50% on-year growth and are optimistic for April, boding well for hot rolled coil demand in the region. Sales in the United Arab Emirates and export markets, EU and USA, were promising in March. The re-rollers have floated two enquiries separately for a combined tonnage of 30,000-35,000 tonnes for multiple thicknesses and grades for early-June shipment, Kallanish learns from mark…
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