Tag: Middle East: Imported HRC offers declines post Eid holidays

Hot rolled coil (HRC) imported offers to Middle East (ME) fell post Eid-al-Adha festival holidays. This decline coincides with slow resumption of trade activity as participants return from holidays and adopted a cautious wait-and-see approach. Additionally, steel demand remained moderate as buyers are hesitant to build up stockpiles ahead of the peak summer months of…