According to market sources, Chinese hot rolled coil (HRC) offers to Saudi Arabia are as follows:
Thickness |
Price |
1.2 mm |
$340/mt |
1.4 mm |
$320/mt |
2.0 mm |
$295/mt |
3.0 mm |
$275/mt |
The above prices are on CFR basis.
On the other hand, Taiwanese offers for HRC of 1.2 mm thickness to Saudi Arabia are currently at $345/mt CFR, while Japanese offers for HRC of 1.2 mm thickness to the same destination are at $355/mt CFR.