A few indications for Chinese-origin HRC (SS400) were heard at around $695/t CFR Pakistan in the past couple of days, down by $5/t from the previous week assessment. A few Chinese mills were heard to have held back offers in the past couple of days on gains in HRC futures, sources informed SteelMint.
Indicative offers for HRC (SAE1006) to Pakistan-
- South Korea: $765/t CFR
- Taiwan: $740/t CFR
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