SteelOrbis has learned that import HDG coil offers from India to the US, 0.012" x 48" G30 (0.30 mm x 1.219 m), have remained at the same price range since last week, with most offers still ranging from $750 /mt to $800 /mt CFR FO Gulf ports.
For the same size and coating, Chinese offering prices for the US have also not moved since last week. Most of China's offerings continue to range from $750 /mt to $800 /mt CFR FO West Coast ports. However, the price range of Taiwanese offers for 0.012" x 48" G30 coils has dropped and narrowed to $775 /mt to $800 /mt CFR FO West Coast ports, which reflects a decrease of $25 /mt to the lower end of last week's range, and a decrease of $50 /mt to the upper end of last week's range.
Meanwhile, Chinese offers of 0.019" x 48" G90 (0.48 mm x 1.219 m) for the US have risen by about $50 /mt since last week, with most offers now ranging from $750 /mt to $800 /mt CFR FO Gulf Coast ports. Taiwanese offers for the same size and coating remained stable over the last week, with most offers continuing to range from $800 /mt to $850 /mt CFR FO West Coast ports.