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30 Nov
08:41

UAE imported HRC prices soften amid diverse offers

The United Arab Emirates hot rolled coil market is this week seeing hot competition between Indian, Japanese, Saudi Arabian, South Korean and Brazilian mills, thereby softening prices for delighted buyers. Russia’s MMK is meanwhile fully booked until the end of February and for this reason is not currently active in UAE, Kallanish notes. After some time, South Korea’s Hyundai and ArcelorMittal Brasil have reappeared in the UAE market. Traditional …
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