GULF FLAT STEEL IMPORTS: Prices steady as demand stays soft

September 23, 2020 / www.metalbulletin.com / Article Link

Most import prices for flat steel in the United Arab Emirates and Saudi Arabia have remained stable over the past seven days, with demand still weak, sources told Fastmarkets on Tuesday September 22.

Most market participants believed that prices would remain steady or perhaps decrease further in the next few days because of softening Chinese demand.
Fastmarkets' daily steel hot-rolled coil index, export, fob main port China, was $509.34 per tonne on September 22, falling from $516.57 per tonne on September 16.
UAE

Offer prices for hot-rolled coil (HRC) from India were heard in the UAE at $540-550 per tonne cfr this week, but no...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok