Offerings for Chinese cold rolled coil to the US have decreased by approximately $50 /mt since our report last week. Offers now range from $950 /mt to $1,000 /mt CFR FO Gulf and West Coast ports.
Cold rolled coil offers from India have also decreased by about $50 /mt since last week and now range from $1,000 /mt to $1,050 /mt CFR FO Gulf Coast ports.
Meanwhile, Mexican CRC offers have decreased by around $25 /mt since last week, with most offers now ranging from $900 /mt to $950 /mt at the US border.