23
May
15:09
GCC imported HRC prices continue to soften
Imported hot rolled coil prices in the Gulf Cooperation Council market have softened $10-15/tonne on-week to $590-605/t cfr GCC ports for June/July shipments, notes Kallanish.
Last Thursday, a trading company concluded a deal with a buyer in Riyadh for multiple products, sourcing the material from Taiwan at around $645/t cfr Dammam for 1.2mm SPHT-1 grade.
This week, 2mm+ re-rolling grade (SAE 1006) July-shipment Chinese tier-one mills’ …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous