Tag: UAE: Limited buying interest continues to weigh on imported HRC offers

Imported Chinese HRC offers to UAE dropped to $660/t CFR from previous week’s $670/t CFR. Meanwhile, offers from India for boron-added HRC also dropped to $620-630/t CFR as against previous week’s $685-695/t CFR. Last week, 25,000 t of Indian HRC was heard to be booked at $630/t CFR for August/early September shipment, however, could not…