Last week the talk of the US domestic HDG market involved how much of an impact an HDG trade case would have because at this point, there seems to be a lot of fluff and chatter in terms of what the future may or may not hold. On one hand, the argument could be made that a filing may simply succeed in maintaining the current pricing status quo; on the other, despite stock prices for certain domestic producers currently trading higher than many would have expected, there may still be room for HDG prices to trend up between $1.00-$2.00 cwt. ($22-$44/mt or $20-$40/nt).
At the current moment, however, prices for US domestic HDG and Galvalume have continued along their weeks-long sideways trend, although sources close to SteelOrbis say that anyone who is interested in a large Galvalume order may be able to negotiate deals below the most commonly reported transaction range.
Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
US domestic HDG base price | $37.00-$39.00 | $816-$860 | $740-$780 | neutral |
0.012”x40.875” G30 | ||||
ex-Midwest mill | $45.00-$46.50 | $992-$1,025 | $900-$930 | neutral |
0.019”x48” G90 | ||||
ex-Midwest mill | $46.00-$47.50 | $1,014-$1,047 | $920-$950 | neutral |
US domestic Galvalume base price | ||||
ex-Midwest mill | $37.00-$38.50 | $816-$849 | $740-$770 | neutral |
0.019x41.5625 Gr80/AZ55 | ||||
ex-Midwest mill | $45.00-$47.00 | $992-$1,036 | $900-$940 | neutral |