Chinese CRC export offers decline
SteelOrbis has learned that ex-China offers for DC01 1 mm x 1,250 mm x C cold rolled coil (CRC) are currently standing at the price level of $760-770/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for August shipment. The price indicates a decrease of $15-20/mt as compared to last week.
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