14
May
14:39
Imported HRC prices remain broadly stable in GCC
Imported hot rolled coil prices in the Gulf Cooperation Council were broadly stable from last week, having risen slightly a week earlier on the back of increased ocean freight rates, Kallanish observes.
This week, the major Chinese thin-gauge supplier raised its 1.2mm SPHT-1 grade quote from its ESP line by $3/t on-week to $618-620/t for late-June load readiness, while offering base product from its regular line at $580/t cfr for July shipment.
An ex-China tier-o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous