GULF FLAT STEEL IMPORTS: Low demand keeps prices broadly steady

July 08, 2020 / www.metalbulletin.com / Article Link

Hot-rolled coil import prices in the United Arab Emirates inched upward this week while hot-dipped galvanized coil prices narrowed downward, but demand was moderate, sources told Fastmarkets on Tuesday July 7.

Market participants wanted to wait to see whether prices would fall because of the weak demand.
UAE
Offer prices for hot-rolled coil (HRC) from China were heard in the UAE at $470 per tonne cfr, but buyers said that price was not workable.
India offered HRC at $450 per tonne cfr, while buyers were bidding $440 per tonne cfr UAE during the week.

Fastmarkets' weekly...

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok