14
Feb
14:15
Indian HRC prices soften slightly in GCC
Chinese hot rolled coil sales are dominating the Gulf Cooperation Council market amid the absence of major Indian and Japanese mills. An Indian major reduced its HRC offer by $20/tonne on the last round of sales concluded two weeks ago for 25,000 tonnes to be shipped in February, Kallanish notes.
This week in the bloc, Chinese mills concluded deals for 1.2mm SPHT-1 tube-making grade HRC at $745/t cfr Jeddah, Saudi Arabia, and at $733/t cfr Dammam. 1.8mm …
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Anonymous
Very good overview of the weekly steel market.
Anonymous