SteelOrbis has learned from market sources that hot rolled coil (HRC) offers to Oman from Russia, China and South Korea have remained stable since last week at $580-610/mt CFR. Meanwhile offers for Indian HRC to Oman have decreased by $20-40/mt week on week to $560-565/mt CFR and offers from Saudi Arabia to Oman for HRC of 2.1 mm thickness are at $550/mt CFR. All offers are for October production.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.