26
Dec
13:57
GCC import HRC holds steady, ocean freight up
Imported hot rolled coil prices in the Gulf Cooperation Council are stable despite a slight increase of $5-7/tonne week-on-week in bulk carrier ocean freight rates between the Far East and the region (two-way). The market is quiet, with few transactions taking place this week, notes Kallanish.
Last week, a galvaniser booked 8kt of 0.35mm cold rolled full hard (CRFH) ex-China second-tier mill through a trading company at $630-635/t, with half to be shipped in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous