Cold-rolled and hot-rolled coil import prices into the US were lower Thursday, sources said. Domestic prices remained under pressure on limited spot buying, they said.
A trader said he was seeing drastic drops in the Turkish offer prices to the East Coast as the lira has fallen over the past month. New offers were below $455/st CFR into the East Coast, he said.
Vietnamese offers to the East Coast have been more limited, the trader said, with some sample orders booked but East Coast CRC offers were predominately Turkish.
A buyer said he was seeing CRC offers into Houston at $470/st on a CFR basis. The new offers were mainly out of Vietnam.
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