US domestic HDG prices hold a steady line

Tuesday, 23 September 2014 00:31:12 (GMT+3)   |   San Diego
       

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

 


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