SteelOrbis has learned that import cold rolled coil (CRC) offers to the US from India and Mexico have remained stable over the last two weeks, with most offers from these sources continuing to range from about $530 /mt to $550 /mt CFR FO US Gulf Coast ports or delivered to the US border for Mexican offers.
CRC offers from China to the US, previously available at $600 /mt, have also fallen to a range of about $530 /mt to $550 /mt CFR FO US Gulf ports in the last two weeks.
Meanwhile, Brazilian CRC offers for the US have remained at a range of $500 /mt to $520 /mt CFR FO US Gulf ports.