SteelOrbis learns that import cold rolled coil (CRC) offers from China for the US have remained stable since last week, with most offers still ranging from $700/mt to $720/mt CFR FO in US Gulf ports.
Meanwhile, CRC offers from India to the US remain at approximately $680/mt CFR FO in US Gulf ports.
CRC offers from Brazil still mostly range from $680/mt to $720/mt CFR FO in US Gulf ports, though mills have only limited tons for export and are generally not interested in the US market currently.