UAE: Imported HRC offers remain firm

Major exporting countries to the UAE have kept their offers unchanged against last week. Indications from India are hovering at around $630-640/t CFR while Chinese mills are offering at $620-630/t CFR. “Exporting countries, India and China, however, are trying to increase their offers mostly because of global disruptions caused by shutdowns in Europe,” informed UAE-based reliable sources.


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