Tag: Middle East: HRC import offers drops w-o-w amid recent deals

  • Middle East: HRC import offers drop w-o-w amid recent deals

    Middle East: HRC import offers drop w-o-w amid recent deals

    Imported HRC offers in the Middle East (ME) region fell w-o-w due to competitive offers from China and Japan. Indian mills, meanwhile, remain on the sidelines with no export offers to the region. Market participants in the ME are currently restocking ahead of Eid al-Adha holidays in smaller quantities, leading to a cautious buying atmosphere.…