Imported HRC offers to Pakistan from China witnessed a steep hike of $20-30/t. Current offers for HRC (SAE 1006 grade) stand in the range of $740-750/t CFR, SteelMint learned from reliable trade channels. In the beginning of the week offers stood at $715-720/t CFR basis. Resumption of trade activities post Lunar New year holidays and market buzz on export rebate cuts lead to steep hike in HRC offers.
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