Tag: Imported HRC offers to Pakistan drop by up to $30/t from China
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Imported HRC offers to Pakistan drop by $25/t from China on low buying interest
Imported HRC (SS400) offers from China dropped by $25/t to $520-525/t CFR Karachi from the previous week’s $540-545/t CFR levels. Buying interest remained limited amid appreciation of the dollar against other currencies and inflationary concerns, sources informed SteelMint. Last heard Japanese HRC offers stood at around $590-600/t CFR. However, no offers were heard this week.