Tag: Imported HRC offers to Pakistan

  • Pakistan: HRC offers from China drop to nine-month low

    Pakistan: HRC offers from China drop to nine-month low

    Imported HRC offers to Pakistan have dropped to a nine-month low, with prices recently declining by $10/t, w-o-w. Offers: 1. China HRC (SS400) stands at $815-820/t CFR. Offers were around $848/t CFR in early Mar’21. 2. Indication from South Korea is at $900/t CFR/ Buyers have become concerned about the market as Chinese HRC offers…