02
Sep
09:37
GCC HRC imports attract more attention
Saudi Iron & Steel Company (Hadeed) has rolled over its hot rolled coil prices for November deliveries, amid the previous attempts of Indian suppliers to hike quotes to Saudi Arabia. Indian mills failed to secure higher transaction prices after buyers adopted a wait-and-see approach, and have therefore reverted to previous, lower offers.
Hadeed’s price announcement comes after the firm collected inquiries from its buyers until the end of August (see…
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Anonymous
Very good overview of the weekly steel market.
Anonymous