According to market sources, hot rolled coil (
HRC) offers from East Asian countries, including China, and the Pacific region to
Southeast Asia have declined by $5/mt during the past week to the range of $365-375/mt CFR. In the same period, cold rolled coil (
CRC) offers from the same sources to
Southeast Asia have also decreased by $5/mt to $430-440/mt CFR.
Meanwhile, hot rolled
plate (HRP) and hot dip
galvanized (HDG) offers from the abovementioned sources to
Southeast Asia have softened by $5/mt to $370-380/mt CFR and $500-510/mt CFR week on week, respectively.