Flat steel import prices in the United Arab Emirates and Saudi Arabia have increased over the past week, although demand was only moderate, sources told Fastmarkets on Tuesday July 21.
Demand was subdued because of the upcoming Eid Al-Adha religious holiday at the end of July. But prices went up because of high offers.Offer prices of hot-rolled coil (HRC) from India were heard in the UAE at $480-490 per tonne cfr, with buyers bidding...