Most flat steel import prices in the United Arab Emirates and Saudi Arabia were stable this week amid limited demand, sources told Fastmarkets on Tuesday October 29.
Buyers were reluctant to book large tonnages due to falling prices as well as weak end-user demand, they said.UAEOffer prices for hot-rolled coil (HRC) from China were heard in the UAE at $440-450 per tonne cfr this week, with offers for India-origin material coming in at $430 per tonne cfr.One deal of 2,000 tonnes was heard from India at $430 per tonne...