Import HDG offers for the US

Monday, 22 June 2009 02:09:34 (GMT+3)   |  
       

Most import HDG (hot dip galvanized) offers for the US have remained stable after rising last week, though these offers are still not considered very competitive with US domestic offers, even with the latest price hikes from US mills.

Chinese HDG offers for the US, with the specifications of 0.019" x 48" G90 (0.48 mm x 1.219 m) continue to range from approximately $750 /mt to $770 /mt CFR FO US Gulf Coast ports. South Korean offers of the same size and coating are still ranging from $770 /mt to $790 /mt CFR FO US West Coast ports.

HDG coils with the specifications of 0.012" by 40.875" G30 (0.30 mm x 1.04 m) from India are still found at a range of $730 /mt to $750 /mt CFR FO US Gulf Coast ports. South Korean offers of the same material still range from $800 /mt to $820 /mt CFR FO West Coast ports.

Another common HDG import source for the US, Taiwan, is generally not offering and is still waiting to see "how the dust settles" in the market.


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