SteelOrbis has been informed by market sources that import hot rolled coil (HRC) prices in the Omani market have increased in the past month. HRC offers from Russia to Oman have risen by $15-45/mt during the given period, while ex-China HRC offers to Oman have increased by $30/mt over the same period.
Accordingly, October production HRC offers from Russia, China, India and South Korea are now standing at levels of $580-610/mt CFR Oman.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.