SteelOrbis has been informed that this week a pipe grade 1.2 mm HRC booking has been concluded from Thailand to Saudi Arabia at the level of $690/mt CFR Jeddah for September shipment. It is heard that new offers given for the same grade and origin HRC to Saudi Arabia are at the level of $700/mt CFR Jeddah.
Meanwhile, Egyptian origin pipe grade 1.2 mm HRC offers given to this country are said to be above the level of $700/mt CFR Jeddah.