HDG offers for the US

Indian HDG coil offers for the US, sized 0.012" x 48" G30 (0.30 mm x 1.219 m), have decreased by $50 /mt in the last week. Offerings are now in the range of $1,150 /mt to $1,200  /mt CFR FO Gulf ports. Prices are expected to continue trending downwards.  

For the same size and coating, Chinese offers have remained stable since SteelOrbis’ report last week.  Chinese offers are ranging from $1,150 /mt to $1,200 /mt CFR FO West Coast ports.

Chinese offers for 0.019" x 48" G90 (0.48 mm x 1.219 m) are still ranging from $1,200 /mt to $1,225 /mt CFR FO Gulf Coast ports.

For sizes 0.028" x 48" G40 (0.71 mm x 1.219 m), Chinese mills are still offering at a range of $1,010 /mt to $1,060 /mt CFR FO West Coast ports.