08
Aug
15:12
GCC buyers enjoy Far Eastern HRC supplier competition
Hot rolled coil buyers in the Gulf Cooperation Council are enjoying Far Eastern mills' competitive quotes amid Indian mills' absence from the market.
Re-rollers and tube makers have committed to deals exceeding 30,000 tonnes of HRC this week, and another 20,000t re-rolling grade enquiry is expected to be issued soon. As expected, (see Kallanish 2 August newsletter), Chinese price hike attempts at the start of last week were challenged by cyclones and low …
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Anonymous
Very good overview of the weekly steel market.
Anonymous