Stronger hot rolled coil (HRC) prices in the global market have triggered some revival of buying interest in Pakistan. According to market sources, during the past week Pakistani mills have been actively making price inquiries and so new bookings are expected to be heard soon.
The current SAE 1006 HRC prices from Japan and South Korea have been heard at $475-480/mt CFR LO Karachi, versus $460/mt CFR at the beginning of July. SteelOrbis has learned of a booking of 10,000 mt of HRC produced by POSCO at $452/mt CFR, concluded a week ago. The material is for the end of August-September shipment.
Ex-China SS400 HRC prices in Pakistan have risen by $15-20/mt over the past week to $495/mt CFR LO Karachi, but with no deals reported at the time of publication.
Ex-Turkey HRC offers for August-September shipment have been reported at $490/mt CFR LO.
Higher HRC prices globally trigger buying interest in Pakistan
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
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