SteelOrbis has learned that the latest indications for cold rolled coil (CRC) offers to the US from India and China are at a minimum of $700/mt CFR FO in US Gulf ports. However these offers are not competitive and Chinese and Indian mills are not booking any CRC business from the US to speak of.
Meanwhile, Mexican and South American sources (such as Brazil and Argentina) report that they currently have no availability on CRC for export to the US and are not giving any price indications.