After the cancellation of the export tax rebate in
China, export offers for flat steel products given from this country have shown an upward movement. In
flats offers given from
China to the Pakistani market via traders, hot rolled coil (
HRC) prices are standing at $650/mt FOB, cold rolled coil (
CRC) prices are at $737/mt FOB, while hot dipped
galvanized (HDG) prices are standing at $800/mt FOB and pre-painted
galvanized iron (PPGI) prices are at $880/mt FOB - all for late July shipment.