04
Jul
14:05
GCC HRC market remains silent following Eid
The Gulf Cooperation Council flat steel segment has yet to break its silence in the first few days following the Eid holiday. Hot rolled coil buyers are not in a rush; new deals might be recorded towards the end of the week, Kallanish notes.
"Except for Indian, HRC prices from all origins [Japan, Taiwan, Korea, China] have increased between pre-Eid and post-Eid insignificantly, by $5-10/tonne; however, buyers' buying appetite may force a retreat,&rdq…
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Anonymous
Very good overview of the weekly steel market.
Anonymous