Tag: Pakistan: Imported HRC offers from China rangebound

Imported HRC (SS400) offers into Pakistan are at $840-860/t CFR levels from China, as the market resumed after the Labour Day holidays. Bulk hot-rolled coil (HRC) shipments into Pakistan have dropped to 22,549 tonnes (t) in Apr’22, the lowest since Aug’20. Volumes dropped 51% y-o-y from 46,154 t in Apr’21, whereas volumes fell by 20%…