Chinese HRC (SS400) export offers to Pakistan decreased by $10/t w-o-w to $550-555/t CFR Karachi as compared to $560-565/t CFR a week ago. However, no deals have been heard concluded due to slow market demand and fall in SHFE futures. SHFE HRC futures fell by RMB 92/t ($13/t) w-o-w to RMB 3,795/t ($524/t) as compared to RMB 3,887/t ($537/t) in the previous week.
