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 $860/mt to $880/mt CFR FO US Gulf ports. Indian offers of 0.019" x 48" G90 (0.48 mm x 1.219 m) HDG coils for the US range from $840/mt to $860/mt CFR FO in US Gulf ports. Both of these offering ranges are unchanged since last week.
Meanwhile, Chinese HDG offers for the US are also unchanged from last week and continue to represent the most competitive import offerings in the US HDG market. Chinese offers of 0.012" G30 still range from $790/mt to $800/mt CFR FO in US Gulf ports, while Chinese offers of 0.019" G90 range from $810/mt to $830/mt CFR FO in US Gulf ports.
Taiwan is still out of the market but is expected to return with new offerings in the next couple of weeks.