According to market sources, demand for hot rolled coil (HRC) is still slack in Saudi Arabia. Market sources state that buyers prefer to postpone their HRC bookings due to the ongoing declines seen in global flat steel prices. Taiwanese, Chinese, Japanese and South Korean HRC offers to Saudi Arabia have decreased by $25/mt month on month to $300-315/mt CFR, for November shipment.
Latest situation in Saudi Arabian HRC 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.