Intel Details

Imported Chinese HRC offers to Pakistan rise by up to $45/t w-o-w

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2 Aug 2022, 21:12 IST
Steel Mint Intel

A few indications for Chinese-origin HRC (SS400) into Pakistan were heard at around $660-665/t CFR Karachi, rising by $35-45/t from previous week's assessment of $620-630/t CFR. Supply disruptions amidst production cuts lent support to Chinese offers despite weak demand in Pakistan. Also, offers from Russia were heard at $600/t CFR, and from Japan at $640-650/t CFR.

2 Aug 2022, 21:12 IST
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