GULF FLAT STEEL IMPORTS: Prices stable on slow demand as Ramadan begins

May 08, 2019 / www.metalbulletin.com / Article Link

Prices for flat steel products imported into the United Arab Emirates and Saudi Arabia have remained stable over the past week due to demand being limited by the start of the Islamic holy month of Ramadan, sources told Fastmarkets on Tuesday May 7.

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 Ramadan started this week, when business normally slows down, and this will put further limits on demand.UAEChina-origin hot-rolled coil (HRC) was on offer to the UAE this week at around $550-560 per...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok