Tag: Pakistan: China’s HRC export offers drops w-o-w
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Pakistan: China’s HRC export offers drop w-o-w
Imported HRC (SS400) offers to Pakistan from China dropped by $10/t w-o-w to $525-530/t CFR Karachi for the week, informed Pakistan-based sources. However, no firm deals have been heard concluded due to slow market demand and decline in SHFE futures. SHFE HRC futures fell by RMB 82/t ($11/t) w-o-w to RMB 3,647/t ($501/t) as compared…