Import Prices Of Hot-rolled Rolls in The Middle East Have Remained Stable

July 4, UAE hot volume import valuation of $580-620 / ton (CFR), remained stable week on week. At the beginning of this week, the mainstream export prices of China and India to the UAE were $580-610 / ton (CFR) and $620-640 / ton (CFR) respectively. At the beginning of this week, there were no obvious orders in the imported hot coil market in the UAE. July 4 Saudi Hot coil (1.2mm) import valuation of $625-635 / ton (CFR), unchanged week on week. At the start of the week, and some market participants expect about a week for the market to recover from the holiday. In addition, the July 4 UAE cold volume import valuation of $630-670 / ton (CFR), down $10 / ton week on week. Major export prices of China and India to UAE were USD 630-640 / ton (CFR) and USD 670-690 / ton (CFR) respectively; on July 4, at USD 790-830 / ton (CFR), compared with the previous week from 790-810 to USD 790 / ton (CFR), 275 India Z275 with 1 mm to UAE at USD 830-840 / ton (CFR).