Tag: Middle East: Imported HRC offers rise w-o-w amid recent deals
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Middle East: Imported HRC offers rise w-o-w amid recent deals
Imported hot-rolled coil (HRC) offers from China to the Middle East (ME) rose $5-10/tonne (t) w-o-w to $495-500/t CFR against $490/t CFR UAE a week ago. Prices rose amid a recent deal of around 10,000 t, which was heard to have concluded at $500-505/t CFR for early November 2024 shipment. Moreover, Japan’s HRC offers to…