Tag: UAE: Bid-offer disparity keeps weighing on imported HRC demand

Imported HRC (SAE1006, boron added) offers to the UAE from India declined to $680-700/t CFR this week. Buying interest has been limited in the market off late while bids dropped further to $630-650/t CFR levels. Chinese HRC offers were also heard at around $680-690/t CFR levels. The market remained inactive last week amidst Eid and…