Due to continuous decline in China’s offer this week (4.17-4.21) UAE flat imports market fell sharply, the buyer bid low.
The import price of the hot roll is reduced from US $ 490-495 / tonne (CFR) to US $ 455-475 / tonne (CFR), and the China Hot Rolling Report is USD 460 / tonne (CFR), and the bid is quoted at USD 450-455 / tonne (CFR ), South Korea reported 480-485 US dollars / ton (CFR), India suppliers temporarily away from the market.
Cold rolled import price from 590-600 US dollars / ton (CFR) down to 525-530 US dollars / ton (CFR), the Chinese cold rolled at 525-530 US dollars / ton (CFR), no large volume transactions.
Hot-dip galvanized sheet imports from $ 670-730 / tonne (CFR) to $ 640-700 / tonne (CFR), China $ 640 / tonne (CFR). UAE domestic June hot galvanized plate ex-factory price of 730-750 US dollars / ton (CFR).
