Flat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable over the past week, with demand remaining limited, sources told Fastmarkets on Tuesday October 30.
UAE
Hot-rolled coil from Russia was on offer to the UAE at $560-565 per tonne cfr, with one buyer bidding $550 per tonne cfr.
Taiwan material was on offer to the UAE at $585 per tonne cfr, while Saudi Arabia was offering HRC at $580 per tonne cfr, and Chinese HRC was on offer at $580 per tonne cfr.
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