12
Oct
14:23
MENA flats market sentiment improves despite bearish prices
The hot rolled coil market in Saudi Arabia is improving. Mills, service centres and re-rollers continue to benefit from financial recovery supported by rising oil prices. The miserable economic environment seen between 2017 and 2020 has been left behind and HRC sector participants are optimistic about the future, Kallanish notes.
“We see a rebound and today’s economic environment reminds us of the year 2016, which was our last golden year,” says …
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Anonymous
Very good overview of the weekly steel market.
Anonymous