Import CRC offers for the US

Thursday, 01 October 2009 22:13:08 (GMT+3)   |  
SteelOrbis has learned China's cold rolled coil (CRC) import offers for the US are still offered at a minimum of $700/mt CFR FO in US Gulf ports. Indian CRC offers for the US also remain at a minimum of $700/mt CFR FO in US Gulf ports. Korea remains out of the market.

Meanwhile, Brazil is offering CRC to the US at a range of $680/mt to $720/mt CFR FO in US Gulf ports. Another common Latin American CRC source for the US, Argentina, reports no availability for shipment to the US.

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