Tag: Middle East: HRC import offers range-bound w-o-w in absence of trade

Chinese hot-rolled coil (HRC) export offers to the Middle East (ME) remained range-bound for the week. The offers from Chinese tier 1 mills are hovering around $570-580/t CFR UAE, while, Chinese tier 2 mills’ current offers are ranging between $545-550/t CFR for the week. However, Indian HRC export offers to the Middle East remained range-bound…