Flat steel import prices in the United Arab Emirates and Saudi Arabia increased this week with new deals and higher offer prices, sources told Metal Bulletin on Tuesday June 26.
Market participants are expecting prices to be stable for some time because demand is weak. Import prices have increased globally since May, when buying was scarce in the Middle East because of the Islamic holy month of Ramadan, and since the end of Eid al-Fitr in early June.UAE Metal Bulletin's weekly price assessment for UAE...