China’s HRC export offers to Middle East fell by $10/t w-o-w to $535-540/t CFR UAE against $545-550/t amid declining SHFE futures. However, no firm offers were heard from Japan, India and South Korea. SHFE HRC futures fell by RMB 124/t ($17/t) w-o-w to RMB 3,488/t ($481/t) against RMB 3,612/t ($498/t) a week ago.
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