Pakistan importers book 15,000 t HRC from Taiwan

Pakistan based importers were reported to have booked around 15,000 t HRC (SAE 1006) from Taiwan at $760/t CFR basis for Arp ’21 shipment, SteelMint learned from its trade channels. Last week the same mill booked around 20,000 t HRC at $780/t CFR basis for Apr shipments. Thus, the offers declined by $20/t against previous deal due to bearish sentiment in global HRC market.