Tag: Middle East: Imported HRC prices remains stable w-o-w in absence of trade activities

Chinese HRC (grades S235 and S275) export offers to the Middle East (ME) remained stable this week amid lack of trade activity. Offers are hovering around $580-585/t CFR UAE. Moreover, HRC offers from Japan to the ME remained unchanged at $580-590/t CFR UAE, due to sluggish domestic demand. Shanghai Futures Exchange (SHFE) HRC futures remained…