Tag: Middle East: Imported HRC prices drops w-o-w amid recent deals

Chinese HRC (grades S235 and S275) export offers to Middle East (ME) decreased by around $5-10/t w-o-w this week. The current offers are hovering around $575-580/t CFR UAE, against $580-585/t CFR UAE a week ago, this decline is attributed to lower bids from buyers. Additionally, a deal of around 20,000 tonnes (t) was heard concluded…