Tag: Middle East: Imported HRC offers drop w-o-w amid slow ongoing geopolitical tensions

China’s HRC offers decline by $5/t w-o-w 20,000-t booked at $455-460/t from Russia The Middle East’s imported hot-rolled coil (HRC) market remained sluggish this week amid ongoing geopolitical conflicts. China’s HRC offers to the Middle East (ME) dropped by $5/tonne (t) w-o-w to $475-480/t CFR UAE against $480/t CFR last week. Meanwhile, ongoing geopolitical issues,…