Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia have gone up over the past week because of globally strong demand, sources said on December 8.
The UAE was on national holidays on December 1-3, so buyers had only recently returned to the market.Offer prices for hot-rolled coil from Chinese suppliers were heard at $660-670 per tonne cfr during the week, while India offered similar product to the UAE at...