Tag: Middle East: Imported HRC offers shows mixed trend w-o-w

  • Middle East: Imported HRC offers reflect mixed trends

    Middle East: Imported HRC offers reflect mixed trends

    Chinese HRC export offers to the Middle East remained stable w-o-w ahead of the Lunar New Year holidays in China (28 January- 4 February, 2025). Offers held steady at $505/t CFR UAE, with a reported deal of approximately 5,000-7,000 (t) concluded within the range of $500-505/t CFR UAE. Moreover, HRC futures on China’s Shanghai Futures…