Flat steel import prices in the United Arab Emirates and Saudi Arabia showed few changes this week, with demand being soft, sources told Fastmarkets on Tuesday October 6.
Most market participants preferred to wait for developments until China was back from its week-long national day holiday, because resumed demand in the East Asian nation will have an effect on the global steel industry.Offer prices for hot-rolled coil (HRC) from India were heard in the UAE at $525-535 per tonne cfr, down from last week's offers at $530-540 per tonne...