29
Mar
16:02
GCC HRC market receives diverse offers, Chinese preferred
The Gulf Cooperation Council hot rolled coil market has received new price offers, with Chinese material maintaining its preferred position thanks to delivery time and price, Kallanish understands.
"Chinese traders are holding their offers for position cargoes to increase their margins, since their traditional destination, the Vietnamese market, is not as lucrative as the GCC market. Chinese mills have sold out their May allocations and they will be available…
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Anonymous
Very good overview of the weekly steel market.
Anonymous