Tag: Global HRC export offers

Chinese HRC export offers have fallen sharply by USD 5-10/MT W-o-W amid falling prices domestic market. Currently Chinese HRC price assessment is in the range of USD 590-615/MT,FoB China. Last week the offers were in the range of USD 620-625/MT,FoB basis.Payment are made on letter of credit basis for 1,000-10,000 MT. However some major mills…