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Tag: Pakistan: HRC import offers from China drop $20/t

  • Pakistan: HRC import offers from China drop $20/t

    Pakistan: HRC import offers from China drop $20/t

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    by

    Kalpesh Padhiar
    in

    Imported HRC (SS400) offers to Pakistan from China dropped further by around $10-20/t to $780-800/t CFR Port Karachi against $800-810/t CFR a week ago, sources informed SteelMint. “Buying sentiments remain weak amidst political instability and devaluation of the PKR against USD,” a few credible sources shared.