Tag: Middle East: Imported HRC offers decline w-o-w amid recent deal

Indian offers to Middle East remain stable Export volumes from China, India increase The Middle East steel market witnessed a significant decline in imported hot-rolled coil (HRC) offers from China. Prices dropped by $20/tonne (t) w-o-w to $530-535/t CFR UAE, compared to $550-555/t a week ago. According to a source, “18,000 t of Chinese HRCs…