02
May
13:00
GCC HRC buyers await Chinese, Japanese holiday completion
Hot rolled coil buyers in the Gulf Cooperation Council are awaiting the end of the Chinese Labour Day and Japanese Golden Week holidays. HRC quotes are expected to be issued by Chinese suppliers on 4 May, and Japanese suppliers next week, Kallanish understands.
Last week, Chinese tier-one mills quoted 3mm base grade (SPHC) HRC at $630/tonne, 1.8mm+ SS400 at $645/t, 2mm+ SAE 1006 at $650/t and 1.2mm SPHC grade at $680-685/t. These are all for June shipment and on a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous