Some flat steel import prices in the United Arab Emirates and Saudi Arabia decreased this week, with the markets very slow because of concerns about the spread of the Covid-19 pandemic as well as the start of Ramadan, sources told Fastmarkets on Tuesday April 28.
No deals were heard during the week, with steel consumption reduced because the Islamic holy month of Ramadan started on April 23, when all business activities slow down because of the traditionally shorter working hours.Several sources in Asia offered...