Offerings for Chinese cold rolled coil to the US have decreased by approximately $50 /mt since our report last week. Offers now range from $600 /mt to $650 /mt CFR FO US Gulf and West Coast ports.
Mexican CRC offers have also decreased by $50 /mt since our report last week and can now be found in the range of $600 /mt to $650 /mt at the US border.
Indian CRC offers have decreased by approximately $25 /mt in the last week, and now range from $625 /mt to $675 /mt CFR FO Gulf Coast ports.
CRC from Brazil is still offered at the same levels as last week, and can be found in the range of $700 /mt to $750 /mt CFR FO Gulf Coast ports.
CRC offers from Turkish mills have also started to appear in the last week, with most offered at $600 /mt to $650 /mt CFR FO Gulf Coast ports.