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 $10/mt during the past week to the range of $340-350/mt CFR. In the same period, cold rolled coil (CRC) offers from the same sources to Southeast Asia have decreased by $5/mt to $410-420/mt CFR.
Meanwhile, hot rolled plate (HRP) offers from the abovementioned sources to Southeast Asia have declined by $10/mt since last week to $345-355/mt CFR, while hot dip galvanized (HDG) offers from the same sources to this destination have remained unchanged at $485-495/mt CFR week on week.