Tag: Chinese HRC (SS400)
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Imported Chinese HRC offers to Pakistan drop on limited buying interest
A few indications for Chinese-origin HRC (SS400) into Pakistan were heard at around $630/t CFR Karachi, down from previous week’s assessment of $630-700/t CFR. The volatility in overseas prices, LC opening issues, and disruptions owing to monsoon season have weighed on Pakistan’s demand for imported HRC, SteelMint learnt from reliable sources.