Ex-Taiwan HRC offers for S. Arabia

SteelOrbis has been informed that Taiwanese HRC of 1.2 mm thickness is being offered to Saudi Arabia at the level of $1,000/mt CFR Jeddah/Dammam for May shipments.

While there were bookings concluded at the level of $910/mt CFR in past weeks, this week the same material has been sold at the level of $1,000/mt CFR. Meanwhile, Saudi Arabian demand for flats is reported to be strong.