Tag: UAE: Imported HRC market subdued; offers range-bound

Imported Chinese HRC offers to the UAE stood unchanged at around $610-620/t CFR this week. Meanwhile, bids were heard at around $590-600/t CFR amid inflationary concerns and a recent decline in global HRC prices. The festive mood in India kept mills away from quoting any firm offers this week. However, indications dropped to $620-630/t CFR…