GULF FLAT STEEL IMPORTS: Prices mostly stable on slow demand

May 01, 2019 / www.metalbulletin.com / Article Link

Prices for flat steel products imported into the United Arab Emirates and Saudi Arabia have been mostly stable over the past week due to limited demand, sources told Fastmarkets on Tuesday April 30.

End-user demand has been poor recently, with buyers unwilling to book material because the market was not expected to improve any time soon.And next week will be the start of the Islamic holy month of Ramadan, when business normally slows down, and this will put further limits on demand.UAEIndia-origin hot-rolled coil was on offer to the UAE this...

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