According to market sources, demand for hot rolled coil (HRC) is weak in the Omani market, while prices have remained stable over the past week. Market players state that buyers are unwilling to conclude bookings except to meet their immediate needs due to Ramadan and due to the impact of low oil prices on investment spending. Also, market players still have expectations of downward movement in import HRC prices. Currently, Chinese hot rolled coil HRC offers to Oman are unchanged week on week at $390-400/mt CFR for September production, while ex-Russia HRC offers to the country are still at $395-405/mt CFR for August production.
Import HRC offers to Oman
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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