Tag: Middle East: Imported Chinese HRC offers drop by $15-20/t w-o-w

Ramadan keeps trades subdued SHFE HRC futures fall by $8/t Chinese hot-rolled coil (HRC) export offers to the Middle East (ME) declined this week by $15-20/tonne (t) w-o-w with current ones hovering at $550-560/t CFR UAE against $570-575/t CFR in the previous week. However, no deals have been heard. On the other hand, Indian HRC…