According to market sources, hot rolled coil (
HRC) offers from East Asian countries, including
China, and the Pacific region to
Southeast Asia have declined by $5/mt during the past week to the range of $370-380/mt CFR. In the same period, cold rolled coil (
CRC) offers from the same sources to
Southeast Asia have also decreased by $5/mt to $435-445/mt CFR.
Meanwhile, hot rolled
plate (HRP) and hot dip
galvanized (HDG) offers from the abovementioned sources to
Southeast Asia have softened by $5/mt to $375-385/mt CFR and $505-515/mt CFR week on week, respectively.