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.