The most commonly heard offer price to US-based traders for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil from offshore providers may have leveled in the past week, but sources close to SteelOrbis have said they believe prices could still inch higher.
Offshore HDG producers have already raised prices twice this year.
At current, the most commonly heard offer price for 0.012”x40.875” G30 coil in the US domestic market from Pakistan and the UAE remains at $47-$48 cwt. ($1036-$1058/mt or $940-$960/nt), DDP loaded truck in US Gulf coast ports.
The current offer price for Brazilian 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market is also steady, at $50-$51 cwt. ($1102-$1124/mt or $1000-$1020/nt), DDP loaded truck in US Gulf coast ports.
In addition, offers for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Korea and Taiwan are still available, at $52-$53 cwt. ($1146-$1168/mt or $1040-$1060/nt), DDP loaded truck in US Gulf coast ports.
0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | ||
Pakistan / UAE | $47-$48 | $1036-$1058 | $940-$960 | DDP loaded truck in US Gulf coast ports | neutral |
0.019x41.5625 Gr80/AZ55 Galvalume | |||||
Brazil | $50-$51 | $1102-$1124 | $1000-$1020 | DDP loaded truck in US Gulf coast ports | neutral |
Korea / Taiwan | $52-$53 | $1146-$1168 | $1040-$1060 | DDP loaded truck in US Gulf coast ports | neutral |