03
Apr
15:45
UAE HRC buyers seal low-priced China-origin deals
Hot rolled coil buyers in the United Arab Emirates have sealed deals with prominent Chinese suppliers at enticing prices ahead of the Eid holiday, notes Kallanish.
A tube maker, capitalising on the competitive market, booked 10,000 tonnes of 1.8mm+ S235JR grade from a top-tier Chinese producer at a highly competitive rate of $565/tonne cfr Abu Dhabi for May shipment.
Another buyer secured a deal from a tier-one mill for multiple thicknesses, from 1.9-6.3mm, of&n…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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.
Anonymous