Author: Sakeena Rizvi
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Middle East: Imported HRC offers drop w-o-w in recent deals
The Middle East hot-rolled coil (HRC) market witnessed price volatility this week as major suppliers, such as China, India, and Japan, revised their export offers in response to shifting global market conditions. These adjustments directly impacted import costs for Middle Eastern buyers. Imported HRC offers from China to the Middle East (ME) remained range-bound w-o-w…