According to market sources, hot rolled coil (HRC) offers from East Asian countries, including China, and the Pacific region to Southeast Asia have declined by $5/mt during the past week to the range of $370-380/mt CFR. In the same period, cold rolled coil (CRC) offers from the same sources to Southeast Asia have also decreased by $5/mt to $435-445/mt CFR.
Meanwhile, hot rolled plate (HRP) and hot dip galvanized (HDG) offers from the abovementioned sources to Southeast Asia have softened by $5/mt to $375-385/mt CFR and $505-515/mt CFR week on week, respectively.
Import flat steel offers to Southeast Asia
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