Ramadan has started to affect hot rolled coil (HRC) demand negatively in Oman, while prices have declined $10/mt over the last two weeks. The currently low demand in the market is expected to improve rapidly after Ramadan.
SteelOrbis has learned from market sources that CIS and Indian origin HRC import offers to Oman are now standing at $600-605/mt CFR, excluding VAT, for advance payment and for deliveries in September.
Omani HRC market witnesses price softening
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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