Flat steel import prices in the United Arab Emirates and Saudi Arabia were stable this week because of the expected start of the Islamic Eid al-Fitr holiday, sources told Metal Bulletin on Tuesday June 12.
Buyers preferred to postpone booking activity during the holy month of Ramadan, which started in mid-May. The holiday, marking the end of the holy month, will start toward the end of this week.Working hours are reduced in Saudi Arabia because of the observance of Ramadan, which is always a slow month in Islamic nations in terms of trading...