Hot-rolled coil import prices into the United Arab Emirates and Saudi Arabia decreased during the week ended Tuesday July 6 because of globally weakening prices, as well as the upcoming Eid al-Adha religious holiday, sources have told Fastmarkets.
The Eid al-Adha holiday was expected to start in about two weeks' time, and some buyers were postponing their bookings until after that, sources said.India offered HRC to the Gulf nation at...