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31 Aug
17:08

Market awaits Hadeed HRC price, import offers hike

Middle East and North Africa hot rolled coil prices are unchanged this week, although import prices have slightly inched up, Kallanish notes. Coming to the end of August, Saudi producer Hadeed is expected to announce its November-delivery prices within a few days, as it is collecting inquiries. The market is expecting Hadeed to roll prices over and, subject to volumes, offer discounts. Last month's highest discount was seen at SAR 375/tonne ($100) and for Nove…
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