While closely watching developments in the global hot rolled coil (HRC) market, Pakistani customers have preferred to refresh their inventories whenever possible.
Accordingly, once foreign suppliers started to announce their HRC offers for December production, Pakistani re-rollers joined negotiations actively. By the middle of the current week, one of them booked 10,000 mt of South-Korean SAE1006 HRC at $545/mt CFR Karachi, LC payment. As SteelOrbis reported previously, initially South Korean producer POSCO was targeting $550/mt CFR Karachi.
In the meantime, Japanese and Taiwanese HRC is available at $555-560/MT CFR Karachi, with Pakistani buyers expecting to get discounts.
Pakistan remains active in HRC bookings
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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