13
Jul
12:47
GCC HRC buyers choose between price, lead times
The Gulf Cooperation Council hot rolled coil market is seeing ex-Taiwan material prices soften $40/tonne for mid-September shipment, while Indian mills’ August-shipment boron-added HRC prices are unchanged. United Arab Emirates companies have resumed business activity after Eid earlier than the Saudi Arabian and Omani markets, Kallanish notes.
Short lead times and August shipments are encouraging buyers to favour Indian material. Moreover, tubemakers’ …
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Anonymous
Very good overview of the weekly steel market.
Anonymous