Tag: Middle East: Imported HRC offers rise w-o-w amid recent deals
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Middle East: Imported HRC prices rise w-o-w after recent deals
China’s HRC (Grade: S235 and S275) export offers to the Middle East (ME) rose by $10-15/t w-o-w to $575/t CFR UAE against $560-570/t last week. A deal of 12,000 tonnes (t) has been heard concluded at similar price levels. Shanghai Futures Exchange (SHFE) HRC futures remained stable w-o-w at RMB 3,818/t ($527/t) on 30 April.…