Traders keeping close watch on US import HDG and Galvalume

Tuesday, 01 April 2014 00:20:37 (GMT+3)   |   San Diego
       

Players within the US import hot dipped galvanized (HDG) and Galvalume market say that rumors of a potential trade case against offshore producers are getting louder, and as such,  they are exercising caution with their buys.  Import prices may, for the most part, have trended sideways in the past seven days but those who are buying say they’re only placing orders on an as-needed basis.  SteelOrbis sources have further indicated that Indian mills are still sticking to their line in the sand when it comes to prices, and are not interested in negotiating deals based on tonnage.

 

Import HDG offers to the US Cwt. Metric ton (mt) Net ton (nt) Change from last week
         
0.012”x40.875” G30        
China* $41.50-$42.50 $915-$937 $830-$850 neutral
India* $43.00-$44.00 $965-$970 $860-$880 up $0.50 cwt.
         
0.019" x 48" G90        
China* $41.50-$42.50 $915-$937 $830-$850 neutral
India* $44.00-$45.00 $970-$992 $880-$900 neutral
         
Import Galvalume offers to the US        
0.019x41.5625 Gr80/AZ55        
China* $44-$45 $970-$992 $880-$900 neutral
India* $43.50-$44.50 $959-$981 $870-$890 down $0.50 cwt. 
*DDP loaded truck in US Gulf ports

 


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