Offerings for Chinese cold rolled coil to the US have remained stable since our report last week. Offers continue to range from $600 /mt to $650 /mt CFR FO US Gulf and West Coast ports.
Mexican CRC offers are also unchanged since our report last week and are still 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 $600 /mt to $650 /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 are the most aggressive, with most offers decreasing by approximately $50 /mt in the last week to a range of $550 /mt to $600 /mt CFR FO Gulf Coast ports.