Tag: Middle East: Importers book around 40

Middle Eastern importers have booked around 40,000-45,000 tonnes (t) of hot-rolled coil (HRC) from Japan at $500-505/t CFR for end-July 2025 shipment. Chinese HRC offers stayed rangebound. On the other hand, Indian mills held to their offers to the Middle East, driven by competitive pricing and stronger domestic demand. Notably, Japan’s steel exports to the…