11
Jul
13:33
GCC buyers observe slight HRC import price softening
Hot rolled coil prices are under pressure from low domestic demand in China and India. Knowing this, Gulf Cooperation Council HRC buyers anticipate a price softening and many are thus adopting a wait-and-see policy this week, particularly in Saudi Arabia, Kallanish observes.
This week in United Arab Emirates, two re-rollers' combined 35,000-38,000 tonnes of re-rolling grade HRC enquiries for second-half-September or early-October delivery are expected to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous