Tag: Middle East steel import prices drop amid recent deals

Indian hot-rolled coil (HRC) exports to the Middle East witnessed a slight decline this week, with offers hovering around $620-625/t CFR, against previous week’s $625-630/t CFR amid recent deal concluded. Moreover, an Indian major has booked 20,000 tonnes (t) of HRCs at $625/t CFR UAE last week for March 2024 shipment, informed a reliable source.…