Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia have increased over the past week because of globally strong demand, although this was moderated in the UAE because of a holiday, sources said on November 30 and December 1.
The UAE has a national holiday on December 1-3, so the number of working days were limited in the country this week.Fastmarkets' weekly price assessment for steel HRC, import, cfr Jebel Ali, UAE, was $625-650...