28
Dec
10:38
GCC HRC market falls quiet on year-end lull
In the last week of the year, the Gulf Cooperation Council hot rolled coil market is quiet. Prices are softening on tough competition and mills’ senior officials are on holiday, meaning very few transactions are expected to happen until January, notes Kallanish.
“The Indian domestic HRC market is low in terms of consumption,” comments a Saudi market participant. “We wonder how the market trend will continue in the new year on excessive flat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous