Over the past week, demand for import hot rolled coil (HRC) in the United Arab Emirates (UAE) has remained slack and import bookings have decreased to their lowest level of the past two months, while cash flow throughout the UAE market has almost come to a halt amid weakening trading activity. Having decreased their inventories as of late August, UAE-based buyers were expected to replenish their inventories, though they are still unwilling to make new bookings and this situation is expected to continue for a while. Prices of imported HRC in the UAE have remained at low levels during the past week, as in the global market generally. In the given period, the price ranges of Chinese and Indian HRC to the UAE have widened to $605-610/mt CFR and $600-605/mt CFR respectively. Meanwhile, ex-CIS HRC offers to the UAE are still at $570-580/mt CFR, while it is heard that a Turkish steel producer has lately concluded a HRC deal to the UAE at $590/mt CFR.