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 Haj pilgrimage holidays.
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