According to market sources, demand in the United Arab Emirates (UAE) hot rolled coil (HRC) market has remained sluggish during the past two weeks, while Chinese and South Korean HRC offers to the country have decreased by $10/mt in the same period to $285-300/mt CFR, for November production. Market sources state that HRC dealers' prices are expected to decline further against the backdrop of the ongoing downward pressure on HRC dealers' prices. Moreover, UAE-based buyers are still postponing their bookings except for immediate needs and are trying to avoid high inventories amid the ongoing declines seen in global flat steel prices and due to year-end issues.
Import HRC offers to UAE market
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
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