The UAE has a national holiday on December 1-3, so the number of working days were limited in the country this week.
Offer prices for hot-rolled coil from Ukrainian suppliers were heard during the week at $625 per tonne cfr, and from Chinese suppliers at $650 per tonne cfr.
Buyers were bidding $600 per tonne cfr for Indian HRC.
No deals were heard, however.
Fastmarkets’ weekly price assessment for steel HRC, import, cfr Jebel Ali, UAE, was $625-650...