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.