Pakistan: HRC import offers drop in recent deal

Flat steel importers in neighbouring Pakistan are heard to have booked about 10,000 t of HRC (SS400) from China towards the end of last week.

• The deal was closed at $915-920/t CFR Pakistan for Dec’21 delivery, sources informed SteelMint.
• Last week, HRC import offers into Pakistan were heard in the range of $925-930/t on CFR basis.