Import HRC offers to UAE market

Monday, 21 September 2015 10:46:44 (GMT+3)   |   Istanbul
       

According to market sources, demand in the United Arab Emirates (UAE) hot rolled coil (HRC) market is still weak, while Chinese and South Korean HRC offers to the country have decreased by $15/mt on the upper end during the past two weeks to $315-330/mt CFR, for October production. However, UAE-based buyers are continuing to exert pressure on import HRC prices with firm bids at $310-320/mt CFR. 


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