Import CRC offers for the US

SteelOrbis has learned that import cold rolled coil (CRC) offers for the US from China have risen by about $20 /mt (on a CFR basis) in the past week, while import CRC offers from other regions have remained stable from last week's levels.

CRC offers from China currently range from approximately $580 /mt to $600 /mt CFR FO in US Gulf Coast ports, up about $20 /mt from last week.

Korea's offers of CRC to the US also remain stable from a week ago, at a range of $700 /mt to $720 /mt CFR FO in US West Coast ports.

CRC offers from Brazil still range from $540 /mt to $560 /mt CFR FO in US Gulf ports, which is the same range offered last week. Availability, however, is scarce.