Tag: HRC Export offers
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China: HRC Export Offers Drop Amid Bearish Sentiments
Chinese export offers for the week declined by USD 25/MT,W-o-W amid prevailing bearish sentiments in the domestic market. High inventory and slack demand has led to drop in HRC export offers in the global market. Current HRC export offers from China are assessed in the range of USD 485-495/MT,FoB China. Whereas, offers in last week…