The most commonly heard offer prices for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil and 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market have started to trend downward.
Current pricing for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil in the US domestic market from the UAE has trended down by $2.00 cwt. ($44/mt or $40/nt) on the bottom end, and down $1.00 cwt. ($22/mt or $20/nt) on the top end in the past week, while pricing for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil in the US domestic market from Turkey and India have trended downward by $1.00 cwt. ($22/mt or $20/nt) on the bottom end since our last report a week ago. Current offer prices from the UAE, Turkey and India are now all being heard at $44-$46 cwt. ($970-$1014/mt or $880-$920/nt), DDP loaded truck in US Gulf coast ports.
In terms of import Galvalume, SteelOrbis has learned that pricing for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Brazil has trended downward by $1.00 cwt. ($22/mt or $20/nt) on the bottom end in the past seven days, which brings the current range to $46-$48 cwt. ($1014-$1058/mt or $920-$960/nt), DDP loaded truck in US Gulf coast ports. Meanwhile, offer prices for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Vietnam are lateral at $47-$48 cwt. ($1036-$1058/mt or $940-$960/nt), DDP loaded truck in US Gulf coast ports.
0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | ||
UAE | $44-$46 | $970-$1014 | $880-$920 | DDP loaded truck in US Gulf coast ports | down $2.00 cwt. on the bottom end, down by $1.00 cwt, on the top end |
Turkey / India | $44-$46 | $970-$1014 | $880-$920 | DDP loaded truck in US Gulf coast ports | down $1.00 cwt. on the bottom end |
0.019x41.5625 Gr80/AZ55 Galvalume | |||||
Brazil | $46-$48 | $1014-$1058 | $920-$960 | DDP loaded truck in US Gulf coast ports | down $1.00 cwt. on the bottom end |
Vietnam | $47-$48 | $1036-$1058 | $940-$960 | DDP loaded truck in US Gulf coast ports | neutral |