[Ferro-Alloys.com] Flat steel import prices into the United Arab Emirates and Saudi Arabia were stable this week on limited demand, sources told Fastmarkets on Tuesday October 8.
Buyers were reluctant to book large tonnages before prices hit a market bottom and end-user demand begins to improve, they said. UAE Offer prices for hot-rolled coil (HRC) from China were heard at $450-460 per tonne cfr this week, with offers of India- and Japan-origin material at $460 per tonne cfr. (Metalbulletin)
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!