U.S. Gulf: Observers and market players continued to call the Gulf vessel import market in a $40-$45/mt CFR range, with perceived supply tightness reportedly providing price support. Sources quoted Northwest European smelter offers at $5-$10/mt FOB.
Sales into Brazil were noted in the $40-$50/mt CFR range, unchanged from the week before, and cargoes destined for Cuba were called $50-$60/mt CFR, also flat from the previous report.
Domestic sellers reported U.S. Gulf delivered rates in the $85-$90/mt DEL range, with Midwest tons commanding $80-$85/mt DEL, both unchanged from a week earlier. West Coast pricing was noted in the $105-$115/mt DEL range, also flat from the previous report.