UAE buyers book HRC imports but markets slow for other flat steel

Two deals for hot-rolled coil imports into the United Arab Emirates were heard during the week ended Tuesday January 18, while the markets for cold-rolled coil and hot-dipped galvanized coil were very slow, sources told Fastmarkets.

The HRC bookings were made from Indian mills, which were accepting orders for March production.

There seemed to be no significant effect on the market arising from the omicron variant...


Serife Durmus

January 18, 2022

17:55 GMT