Pakistan: HRC import offers from China drop $20/t

Imported HRC (SS400) offers to Pakistan from China dropped further by around $10-20/t to $780-800/t CFR Port Karachi against $800-810/t CFR a week ago, sources informed SteelMint. “Buying sentiments remain weak amidst political instability and devaluation of the PKR against USD,” a few credible sources shared.