SteelOrbis has learned that import HDG coil offers from India to the US, 0.012" x 48" G30 (0.30 mm x 1.219 m), have decreased by about $50 /mt in the last two weeks, with most offers now ranging from $750 /mt to $800 /mt CFR FO Gulf ports.
For the same size and coating, Chinese and Taiwanese offering prices for the US have also dropped by about $50 /mt in the last two weeks. Most of China's offerings are now in the range of $750 /mt to $800 /mt CFR FO West Coast ports, while most Taiwanese offers range from $800 /mt to $850 /mt CFR FO West Coast ports.
Chinese and Taiwanese HDG coil offers for the US, 0.019" x 48" G90 (0.48 mm x 1.219 m), are down $50 /mt as well, at a level of $700 /mt to $750 /mt CFR FO Gulf Coast ports for Chinese offers, and from $800 /mt to $850 /mt CFR FO West Coast ports for Taiwanese offers. Indian offers of this size and coating have also declined by $50 /mt and are offered in the Gulf at the same range as the Chinese offers.