Pakistan based importers are reported to have booked around 15,000 t HRC (SAE1006) from China at $650/t CFR basis for Feb shipments, SteelMint learned from its trade channels. Prices have shot up by $20-30 w-o-w. Meanwhile, another deal of 12,000 t is reported having booked from Japan at $680/t CFR for Feb’21 shipments.
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