UAE flat steel market slow, HRC prices decrease

The flat steel import market in the UAE was slow this week, with prices for hot rolled coil (HRC) decreasing, while other prices remained unchanged.

India offered HRC at $490-500 per tonne cfr to the country, but no deals were heard. No prices were heard from China as the country was on holiday. Brazil offered HRC at $490-500 per tonne cfr to the UAE. “New players are entering the market, but as China is on holiday, we are not willing to book now. Everyone wants to...

Published

Serife Durmus

April 05, 2017

10:39 GMT

Bursa