Tag: Middle East: HRC import prices from China rise w-o-w in the absence of competitive import offers

Chinese HRC (grades S235 and S275) export offers to Middle East (ME) increased by $5-10/t w-o-w this week. The current offers range from $580-585/t CFR UAE, compared to $575/t CFR UAE a week ago. However, no major deals have been heard concluded, as buyers were in a wait and watch mode in the absence of…