Tag: Middle East: Imported HRC offers fall w-o-w amid summer slow demand

China’s HRC (grades S235 and S275) export offers to the Middle East (ME) fell by $5-10/t w-o-w to $525-535/t CFR UAE against $535-540/t CFR UAE. However, no firm deal has been concluded. “There is a general decline in demand and ongoing pressure on prices,” a reliable source said. Shanghai Futures Exchange (SHFE) HRC futures dropped…