Export offers for cold rolled coils indicate a minimal step in the upward trend; However, there is a possibility that prices will fall below $620 FOB in early October.
CRC prices went up by a $5-7, and updated offers from manufacturers still exceeded the mark of $635 FOB. At the same time, only some suppliers are trying to increase indications to the level of $640 FOB.
Experts are sure that we should not expect significant changes in the trend in the coming weeks and say that only after the end of the October holidays in China will it be possible to decide which trend will dominate the market.
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