GULF FLAT STEEL IMPORTS: Most prices increase, demand moderate

December 18, 2019 / www.metalbulletin.com / Article Link

Some flat steel import prices to the United Arab Emirates and Saudi Arabia increased this week on higher offers, but demand was moderate as end-user consumption remained subdued, sources told Fastmarkets on Tuesday December 17.

No new bookings were heard this week because buyers wanted to see if the price increases were sustainable.
UAE
Offer prices for hot-rolled coil (HRC) from China were heard in the UAE at $485 per tonne cfr this week, while Indian HRC was offered at $495-510 per tonne cfr UAE. Japanese HRC was on offer at $500-510 per tonne cfr UAE.

One buyer was bidding $480-490 per tonne cfr for Japanese...

Recent News

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

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

July 07, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok