As expected, with bearish sentiments in the global steel and raw material markets mounting lately, Pakistani hot rolled coil (HRC) buyers have continued to seek lower prices in negotiations with foreign suppliers. Ultimately, a Pakistan-based re-roller managed to book a 3,000 mt cargo of ex-Taiwan HRC, for February shipment, via an international trader at $770/mt CFR. The price is $30/mt lower compared to the previous booking of import HRC in Pakistan around two weeks ago. One other contract for ex-Japan HRC appears to have been signed in the market at approximately the same level, but with no details concerning the exact price and volumes have been disclosed by the time of publication.
Pakistani customers achieve lower HRC import price in fresh 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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