SteelOrbis has learned that spot market pricing for US import hot rolled coil from offshore producers is being heard at approximately $54-$55 cwt. ($1,191- $1,213/mt or $1,080-$1,100/nt, DDP loaded truck in US Gulf coast ports, against $50 cwt. ($1,102/mt or $1,000/nt), DDP loaded truck in US Gulf coast ports, a week ago.
Further, SteelOrbis has learned that spot market pricing for US import HRC from Mexico is being heard at approximately $58-$60 cwt. ($1,279-$1,323/mt or $1,160-$1,200/nt), FOB Texas.