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 $350-360/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 $415-425/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 $355-365/mt CFR and $485-495/mt CFR week on week, respectively.