Author: Sakeena Rizvi

Middle East: Imported HRC offers from China drop by $10/t w-o-w amid recent deals

Nov 20, 2024

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by

Sakeena Rizvi

in HRC

HRC futures on China’s SHFE drop by $4/t w-o-w Indian offers to ME remain steady at $560/t CFR Imported hot-rolled coil (HRC) offers from China to the Middle East (ME) dropped by around $10/tonne (t) w-o-w to $520-525/t CFR against $530-535/t CFR UAE a week ago. Prices fell amid a recent deal of around 60,000…