The black sheet market in the Middle East continues to its stabilization. The latest price of hot sheet imported from China was registered in the range of $535 to $540 per tonne of the UAE CFR, but despite these prices, purchase orders have been insignificant, and no deal has been finalized so far. ‎

‎Japan’s bid price is also reported to be $560 per tonne CFR. Also, the price of China’s export hot sheet remained unchanged from the previous day, in the range of $485 to $500 per ton FOB. In Southeast Asia, the imported hot sheet reached $504 per tonne CFR, with a partial decrease.‎