21
Sep
14:04
Japanese major secures GCC HRC deals
In the Gulf Cooperation Council, a major Japanese hot rolled coil supplier signed deals this week after opening end-November-shipment allocations. Chinese mills’ quotes were up $10/tonne on-week, with the JFE delegation’s visit to the region early last week sparking competition, notes Kallanish.
Early this week, Chinese tier-one mills increased their re-rolling grade 2mm thick prices to $595-610/t cfr GCC from $585-590/t cfr a week ago. Despite its att…
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Anonymous
Very good overview of the weekly steel market.
Anonymous