Tag: Middle East: Imported Chinese HRC prices inch up w-o-w

Imported Chinese HRC offers to Middle East (ME) inched up for the week, the offers for tier 1 mills are hovering around $560-570/t CFR UAE and for tier 2 mills the offers are ranging between $550-555/t CFR UAE against $540-545/t CFR UAE a week ago. Shanghai Futures Exchange (SHFE) HRC futures rose by RMB 34/t…