Tag: Middle East: Imported HRC offers from China rises w-o-w amid recent deals
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Middle East: Imported HRC offers from China rise w-o-w amid recent deals
China’s HRC (grades S235 and S275) export offers to Middle East (ME) rose by $5-10/t w-o-w for the week. The current offer’s around $580-585/t CFR UAE compared to $575-580/t CFR UAE, last week. The rise in offers can be attributed to improving market sentiments. Moreover, a deal of approximately of 15,000 tonnes (t) was heard…