12
Sep
14:13
Chinese suppliers continue to bag GCC HRC orders
Buyers in the Gulf Cooperation Council booked a combined cargo of more than 35,000 tonnes of hot rolled coil from Chinese suppliers towards the end of last week, notes Kallanish.
In the United Arab Emirates, through Chinese trading companies, 3-4 tubemakers each concluded deals for 5,000-7,000t, totalling 20,000t, at $577-$580/tonne cfr for 3mm S235JR silicon controlled material. At the same time, a re-roller closed a 15,000t parcel of ex-China primary quality 2mm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous