SteelOrbis has learned that import cold rolled coil (CRC) offers to the US from India and Turkey have both generally remained stable since last week, with most offers from these sources ranging from about $530 /mt to $550 /mt CFR FO US Gulf Coast ports. CRC offerings to the US from Mexico also range from approximately $530 /mt to $550 /mt, delivered to the US border, reflecting no change from last week.
Meanwhile, import CRC offers from Brazil to the US have declined by $30 /mt, with most offers now ranging from $500 /mt to $520 /mt CFR FO US Gulf Coast ports.
Chinese CRC offers are still at around $600 /mt CFR FO US Gulf and West Coast ports.