Chinese and Iranian HRC offers to Omani market

According to market sources, demand for hot rolled coil (HRC) in the Omani market is still weak. Market sources report that inquiries have increased further in the same period but few deals have been concluded so far as negotiations are continuing. Chinese and Iranian HRC offers to the Omani market have remained unchanged over the past week at $355-365/mt CFR and $375/mt CFR, respectively and for September production.