Tag: Pakistan Imported HRC offers up by $10 w-o-w on bullish market sentiments

Pakistan: Imported HRC offers up by $10 w-o-w on bullish market sentiments

Nov 5, 2020

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by

Pratibha Bajaj

in HRC

Pakistan’s imported HRC market has witnessed a hike offers following a global uptrend. Offers from China have moved by around $10/t w-o-w, SteelMint learned from its trade channels. Falling inventories have pushed up domestic HRC prices in China, resulting in higher HRC export offers. Currently, Chinese HRC (SS400) offers are heard to be around $545-550/t…