14
Nov
13:16
GCC imported HRC gains amid major markets' recovery
The market recovery in the US and China has encouraged hot rolled coil suppliers to push up their price offers to the Gulf Cooperation Council, notes Kallanish.
China-origin silicon-controlled 3mm SS400/S235JR grade HRC was offered in the GCC last week at $583-585/tonne. One deal was concluded through a trading company for 7,000-8,000 tonnes of various thicknesses, from 2.5-8mm, averaging at $585/t effective for January shipment. In addition, a separate Chine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous