SteelMint

Tag: Imported HRC offers to Bangladesh

  • Bangladesh : Imported HRC Offers from China Witness Further Drop

    Bangladesh : Imported HRC Offers from China Witness Further Drop

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    by

    Pratibha Bajaj
    in

    This week imported HRC offers to Bangladesh witnessed further drop following weakening steel prices in China. Chinese steel mills have significantly reduced HRC export offers over sluggish buying in domestic and export market. Currently imported HRC (2mm) offers to Bangladesh is assessed around USD 570-580/MT CFR Chittagong for Dec shipments. Last week’s assessment was at…