Flat steel prices in the UAE domestic market have remained stable over the past week, while demand has improved with the start of the New Year. Market insiders state that they are optimistic for 2013 and are expecting a price hike giving the improvement in demand.
In the UAE domestic market, traders are still offering hot rolled coil (HRC) at $580-610/mt +VAT, cold rolled coil (CRC) at $720-730/mt +VAT, while their hot dip galvanized (HDG) coil prices are standing at $820-830/mt +VAT, all for deliveries to customers, for advanced payments and for January shipments.
On the other hand, import offers from Russia and Ukraine have not gained clarity due to the holiday but the latest HRC import offers from both countries to the UAE were standing at $560-600/mt CFR Dubai, while their plate offers were at $590-625/mt CFR Dubai.
Flat steel demand improves in UAE, prices expected to move up
Marketplace Offers
Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness
0.5 - 2 mm
Width
600 - 1,200 mm
Length
400 mm
Tedarikçi
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness
1.5 - 25 mm
Width
1,000 - 1,500 mm
Coil
R
Tedarikçi
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.