Pakistan: Imported HRC offers from China up by $10 w-o-w

The Chinese mills have further increased HRC export offers to Pakistan by $10/t w-o-w amid gains in the futures market and increasing global HRC prices. The current offers stand at $590/t CFR Pakistan for HRC SS400 and $600-605/t CFR basis for SAE1006 for Jan shipments. Further, South Korean mills are offering at $640/t CFR basis, sources reported to SteelMint.