Some flat steel import prices in the United Arab Emirates have fallen over the past week, with demand being weak because of high stocks, sources told Fastmarkets on Tuesday October 2.
No major deals were heard during the week.UAEHot-rolled coil (HRC) was offered to the UAE at $600 per tonne cfr from Russia and at $580-590 per tonne cfr from India, while China offered the product at $590-600 per tonne cfr.One buyer believed $580 per tonne cfr to be a workable price.Fastmarkets' weekly price assessment for...