Tag: Middle East: Imported HRC offers remains range bound w-o-w post EID holidays

Chinese HRC export offers to the Middle East (ME) remained range-bound this week amid a general lack of trade activity. Offers from Chinese tier-1 mills are hovering at around $560-565/t CFR UAE, while, Chinese tier 2 mills’ current offers are ranging between $540-545/t CFR for the week under review. However, Indian HRC export price indications…