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08 Mar
13:56

Chinese mills regain GCC HRC market

In the Gulf Cooperation Council hot rolled coil market, Chinese mills are very active amid the absence of Indian and Japanese offers for nearly two weeks. The European market is attracting Indian, Japanese and Taiwanese HRC producers with lucrative price levels after CIS supply disappeared amid the war in Ukraine, Kallanish notes. “We are oblivious to Indian and Japanese HRC prices. Only Chinese HRC offers are circulating. The European market is more lucrati…
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