19
Jul
14:26
Chinese HRC ticks up, rivals slide in GCC
Hot rolled coil offers are sliding in the Gulf Cooperation Council market. Taiwan- and Australia-origin re-rolling grade HRC, as well as Indian boron-added HRC offers remain the most competitive, pegging at $675-700/tonne, versus Chinese, Japanese, Egyptian and Saudi material. Although Chinese prices have rebounded, Indian and Taiwanese values are falling.
This week, 2mm re-rolling grade (SAE 1006) HRC initial offers through traders or mills were he…
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Anonymous
Very good overview of the weekly steel market.
Anonymous