GULF FLAT STEEL IMPORTS: New HRC bookings; some prices move

March 03, 2021 / www.metalbulletin.com / Article Link

Buyers in the United Arab Emirates and Saudi Arabia booked hot-rolled coil (HRC) during the week to Tuesday March 2, while the price of some products changed, sources told Fastmarkets.

Demand was slow in both markets recently, but several bookings were heard to have been made because of decreasing stock levels.
Saudi Arabia
China sold 1.2mm thick HRC at $825 per tonne cfr Saudi Arabia this week, normalizing to $775 per tonne cfr for 2mm base thickness.
Another booking for base product was heard at $775-775 per tonne cfr from China to Saudi Arabia.

India...

Recent News

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

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok