Imported Chinese HRC offers to UAE dropped to $640-650/t CFR from previous week’s $670/t CFR. Meanwhile, offers from India for boron-added HRC have remained range bound at $630-640/t CFR levels. Low demand for value-added flat steel from US and Europe has weighed on the UAE’s buying interest of imported HRCs. Over the week no deals were concluded, sources informed SteelMint.
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