SteelOrbis learns that import cold rolled coil (CRC) offers from China to the US have increased by approximately $20/mt in the past several days, with most Chinese CRC offers now ranging from $700/mt to $720/mt CFR FO in US Gulf ports.
Meanwhile, CRC offers from India to the US have remained at approximately $680/mt CFR FO in US Gulf ports.
CRC offers from Brazil remain at a range of $680/mt to $720/mt CFR FO in US Gulf ports, though mills have only limited tons for export.