India, Japan absence from import market causes HRC shortage in UAE

The absence of India and Japan from the hot-rolled coil import market in the United Arab Emirates has caused a shortage of the product, sources told Fastmarkets on Tuesday December 5.

India and Japan are not offering any HRC to the country and the only offers heard were from China during the past seven days.

Most market participants believed India will...

Published

Serife Durmus

December 05, 2023

15:21 GMT

Bursa