Offerings for Chinese cold rolled coil to the US have decreased by approximately $100 /mt since our report last week. Offers now range from $650 /mt to $700 /mt CFR FO Gulf and West Coast ports.
Mexican CRC offers have decreased by $50 /mt since our report last week and can now be found in the range of $650 /mt to $700 /mt at the US border.
India is also offering cold rolled coil to the US in the range of $650 /mt to $700 /mt CFR FO Gulf Coast ports.
Offerings from Brazil can be found in the range of $700 /mt to $750 /mt CFR FO Gulf Coast ports.