Flat steel demand softens in UAE before the New Year

Monday, 24 December 2012 14:51:31 (GMT+3)   |   Istanbul
Flat steel prices in the UAE domestic market have remained stable over the past week, while demand has softened amid the approach of the year-end. Meanwhile, market sources state that the sluggishness of demand is considered to be normal in this period of the year, as most market players have already left the market for their holidays.
 
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 December-January shipments.
 
On the other hand, HRC import offers from Russia and Ukraine to the UAE are now standing at $560-600/mt CFR Dubai, while plate offers from these countries are at $590-625/mt CFR Dubai. Both prices, which exclude VAT, are for advance payment and for January shipments.

Similar articles

Flat steel demand improves in UAE, prices expected to move up

03 Jan | Flats and Slab

Flat steel demand improves in UAE

14 Dec | Flats and Slab

Traders in UAE flat steel market struggle to impose their prices

03 Dec | Flats and Slab

Import flat steel prices maintain uptrend in UAE despite weak demand

27 Nov | Flats and Slab

Increased flat steel prices fail to gain acceptance in UAE

20 Nov | Flats and Slab

Flat steel prices decline in UAE domestic market

15 Oct | Flats and Slab

Import flat steel offers keep softening in UAE

08 Oct | Flats and Slab

Flat steel prices in local Taiwanese market - week 23, 2026

04 Jun | Flats and Slab

Japan's steel exports down 9.3 percent in Jan-Apr 2026

01 Jun | Steel News

Flat steel prices in local Taiwanese market - week 22, 2026

28 May | Flats and Slab

Marketplace Offers

Chequered Sheet
Thickness:  2 - 10 mm
Width:  600 - 1,300 mm
Length:  1,500 - 4,000 mm
St 37-2 DIN 17100
MUTAS DEMIR CELIK SAN TIC .A.S.
Printed Sheet-Pressure Sheets
Thickness:  0.5 - 2 mm
Width:  600 - 1,200 mm
Length:  400 mm
MUTAS DEMIR CELIK SAN TIC .A.S.
Hot Rolled Coil
Thickness:  1.5 - 25 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.