Tag: Imported HRC offers to Bangladesh
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Bangladesh: Imported HRC Offers from China Inch Down
Imported HRC offers to Bangladesh have declined marginally on weekly basis. Bearish sentiments in Chinese domestic market amid currency devaluation coupled with low demand in Bangladesh amid monsoons has lead to fall in buying interest from Bangladesh based mills. Major mills in China are quoting HRC export offers in the range of USD 590-595/MT FoB…