Is a trade case imminent for US import HDG?

Wednesday, 22 April 2015 01:03:46 (GMT+3)   |   San Diego
       

Players within the US import hot dipped galvanized (HDG) and Galvalume coil markets seem to think the proverbial writing is on the wall and that a trade case filing against certain offshore producers of coated steel products could be imminent.  Others point out the rumblings indicate a filing could happen before the end of the month.  “At this point, we’re all just sitting here waiting for the ball to drop,” according to one Midwest-based source.  “There’s still a lot of import that’s sitting around on the ground and since no one is in an emergent need-to-buy-now situation, customers are waiting on the sidelines until the situation becomes more clear.”

 

Import HDG offers to the US Cwt. Metric ton (mt) Net ton (nt) Change from last week
         
0.012”x40.875” G30        
         
China* $36-$38 $793-$838 $720-$760 neutral  
India* $38-40 $838-$882 $760-$800 neutral 
         
0.019”x48” G90        
         
China* $35.50-$36.50 $783-$804 $710-$730 neutral 
India* $37-$39 $816-$860 $740-$780 neutral 
         
         
Import Galvalume offers to the US        
0.019x41.5625 Gr80/AZ55        
         
China* $37-$39 $816-$860 $740-$780 neutral
India* $39-$41 $860-$904 $780-$820 neutral
Brazil* $38-$40 $838-$882 $760-$800 neutral
Korea* $39-$41 $860-$904 $780-$820 neutral
Taiwan* $39-$41 $860-$904 $780-$820 neutral
Mexico $39-$40 $860-$882 $780-$800 neutral
*DDP loaded truck in US Gulf ports        

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