07
Feb
15:30
The Gulf Cooperation Council hot rolled coil market is seeing sliding prices, particularly of Chinese origin, due to low domestic demand in China. This is compelling sellers to focus on export markets and soften their prices to induce buying interest.
Indian mills are refraining from offering prices to their regular customers in the GCC. This week, HRC prices have decreased by $10-15/tonne on-week, notes Kallanish.
On 29 January, a re-rolling grade (SAE 1006) HR…
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Burak Odabasi
Turkey
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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.
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