Chinese cold rolled coil (CRC) offers to the US have remained stable since last week, with most offers continuing to range from $560 /mt to $610 /mt CFR FO US Gulf and West Coast ports.
Offerings for Mexican and Indian CRC have also trended sideways since last week, with most offers still ranging from $560 /mt to $610 /mt, at the US border for Mexican offers, and CFR FO Gulf Coast ports for Indian offers.
Meanwhile, CRC offers from Brazil remained a little higher than those from other sources, though they have not registered any price movement in the past week, with most offers ranging from $600 /mt to $650 /mt CFR FO Gulf Coast ports.
Turkish mills CRC offers continue to be the most aggressive, though most offers have remained stable since last week, at a range of $550 /mt to $600 /mt CFR FO Gulf Coast ports.