Prices paid for flat steel imports into the United Arab Emirates and Saudi Arabia decreased in the week ended Tuesday July 30, with demand improving in the latest deals heard.
Buying was strong this week in the UAE, with several new orders being placed.UAEOffers of hot-rolled coil (HRC) imports from China to the UAE came in at $500-505 per tonne cfr, but no major deals were heard.Ukraine offered similar product at $490-500 per tonne cfr.And Indian offers of HRC were heard at $495 per tonne cfr, with one deal made at this price.Fastmarkets' weekly price assessment for steel HRC, import, cfr...