15
Nov
13:15
GCC HRC market improves following China rebound
The Gulf Cooperation Council hot rolled coil market improved over the weekend, driven by a rebound in China. Eased Covid restrictions and stimulus packages announced by the Chinese government were welcomed by real estate developers, improving sentiment in China and by extension the GCC, Kallanish notes.
Last week in Saudi Arabia, Oman and United Arab Emirates, price offers for 2mm+ re-rolling grade HRC of Taiwanese, Japanese and South Korean origin&…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous