Indian HDG coil offers for the US, sized 0.012" x 48" G30 (0.30 mm x 1.219 m), have decreased by $50 /mt since last week. Offerings are now in the range of $800 /mt to $850 /mt CFR FO Gulf ports.
For the same size and coating, Chinese offers also decreased by $50 /mt, with most offers also ranging from $800 /mt to $850 /mt CFR FO West Coast ports.
Taiwan is offering HDG coil, sized 0.012" x 48" G30 (0.30 mm x 1.219 m), to the US at a range of $900 /mt to $950 /mt CFR FO West Coast ports. These prices have remained stable in the last week.
Chinese offers for 0.019" x 48" G90 (0.48 mm x 1.219 m) have fallen another $50 /mt since last week and are now ranging from $750 /mt to $800 /mt CFR FO Gulf Coast ports.
For sizes 0.028" x 48" G40 (0.71 mm x 1.219 m), Chinese mills are now offering at a range of $700 /mt to $750 /mt CFR FO West Coast ports, representing a decrease of approximately $50 /mt since last week.
Taiwanese offerings for 0.019" x 48" G90 (0.48 mm x 1.219 m) are still found at the same range as we reported last week, of $850 /mt to $900 /mt CFR FO West Coast ports.