SteelOrbis has learned that import HDG coil offers from
India to the US, with the specifications of 0.012" by 40.875" G30 (0.30 mm x 1.04 m), currently range from approximately $880/mt to $900/mt CFR FO US Gulf ports. Indian offers of 0.019” x 48” G90 (0.48 mm x 1.219 m) HDG coil offers for the US range from $860/mt to $880/mt CFR FO in US Gulf ports. Both of these offering ranges are down approximately $20/mt since last week.
Import HDG offers from
Taiwan for light gauge (0.012" G30) HDG coils currently range from $925/mt to $950/mt CFR FO in US Gulf ports, and Taiwanese offers of 0.019" G90 HDG coils to the US range from $875/mt to $900/mt CFR FO in US Gulf ports. Both ranges are unchanged from last week.
Chinese HDG offers for the US are also unchanged from last week though they continue to represent the most competitive import offerings in the US HDG market. Chinese offers of 0.012" G30 range from $800/mt to $820/mt CFR FO in US Gulf ports, while Chinese offers of 0.019" G90 range from $820/mt to $840/mt CFR FO in US Gulf ports.