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UAE flat steel market static as buyers hold back

July 15, 2014 - 15:50 GMT Location: Bursa

KEYWORDS: HRC prices , CRC prices , HDG prices , UAE

The flat steel market in the UAE has been very quiet this week, with only one booking heard, while most market participants preferred to stay out of the market.

Hot rolled coil (HRC) was booked from India at $550-560 per tonne cfr, for September delivery. Chinese HRC was offered at $540-545 per tonne cfr, but no bookings...

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