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Gulf Cooperation Council hot rolled coil buyers have been receiving increased price offers since the beginning of last week, but Chinese mills have maintained or even lowered some quotes by $10-15/tonne, Kallanish learns. This week, 3 mm thickness SPHT-1 grade HRC is offered by a Japanese mill at $680/t, 2-3mm boron added SS400 from India at $650-655/t and SPHT-1 grade 2mm at $678/t and 3mm at $655/t by a Saudi mill. An ex-China tier-…
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