31
Jan
12:57
GCC buyers downplay HRC uptrend despite limited offers
Hot rolled coil buyers in the Gulf Cooperation Council market have received offers from limited suppliers. Most buyers in United Arab Emirates who regularly conclude deals with Indian mills are struggling to receive offers for their enquiries, Kallanish notes.
This week, 2mm+ re-rolling grade (SAE 1006) HRC offers from India are at $745/tonne for March shipment, ex-Japan at $745-750/t for mid-April shipment, and ex-Taiwan at $745/t for end-March shipment. The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous