03
Jan
13:19
HRC market anticipates GCC price increase
Hot rolled coil prices in the Gulf Cooperation Council market are unchanged on-week, but a mild increase is anticipated. South Korean and Japanese mills are prepared to allocate for March rolling for the bloc. Except for one major, Indian mills are not in the market, Kallanish notes.
Last week, ex-China 3mm thickness SPHT-1 grade deal was concluded at $640/tonne cfr Jebel Ali (UAE). An ex-China 0.33-1.17mm cold rolled full hard (CRFH) offer was heard at $690-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous