GULF FLAT STEEL IMPORTS: Coronavirus outbreak keeps demand sluggish

March 18, 2020 / www.metalbulletin.com / Article Link

Flat steel import prices in the United Arab Emirates and Saudi Arabia remained steady over the week, with market demand limited amid the novel coronavirus (2019-nCoV) outbreak, sources said on Tuesday March 17.

UAE
Chinese suppliers' offers for hot-rolled coil (HRC) were stable at $475-485 per tonne cfr this week, while Japanese suppliers continued to offer the same material at $480-485 per tonne.
Fastmarkets' weekly price assessment for steel HRC, import, cfr Jebel Ali, UAE was $475-480 per tonne on March 17, unchanged week on week.

Ofers for 1mm hot-dipped galvanized coil (HDG) with 275g per square...

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