Tag: Pakistan: Imported HRC offers from China rise by up to $10/t w-o-w
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Pakistan: Imported HRC offers from China rise by up to $10/t w-o-w
China’s HRC (SS400) export offers to Pakistan rose by around $7-10/t w-o-w to $555-560/t CFR Karachi against $550/t a week ago. Prices rose amid increase in SHFE futures, the futures increased by RMB 48/t ($7/t) w-o-w to RMB 3,823/t ($528/t). However, market demand in Pakistan remained sluggish. Major mills in Pakistan are offering discounted prices…