GULF FLAT STEEL IMPORTS: HRC prices increase, demand moderate

August 19, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil import prices in the United Arab Emirates and Saudi Arabia continued to increase this week while demand was moderate, sources told Fastmarkets on Tuesday August 18.

Buyers said they preferred to postpone booking because the recent price increases were too sharp and they expected some correction.
Additionally, some buyers were in no rush to secure deals after bookings were made last week.
UAE
Offer prices for HRC from India were heard in the United Arab Emirates at $540-550 per tonne cfr, up from $525-535 per tonne cfr last week, sources said.

Non-Chinese...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok