Trader sources say that after two months of doing “little to nothing” while they’ve been waiting for the results of the Section 232 investigation, in the absence of results being announced, they’ve resumed quoting import HDG and Galvalume coil to their customers.
“This thing has been delayed twice already and we just can’t wait around anymore. We have a business to run,” a source said.
Import prices, however, have edged up a notch due to upticks in costs for Chinese hot rolled coil.
Current pricing for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil, imported 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market, and imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil in the US domestic market are as follows:
| 0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | ||
| UAE | $46-$48 | $1014-$1058 | $920-$960 | DDP loaded truck in US Gulf coast ports | up $2.00 cwt. |
| Turkey / India | $46-$48 | $1014-$1058 | $920-$960 | DDP loaded truck in US Gulf coast ports | up $2.00 cwt. |
| 0.019x41.5625 Gr80/AZ55 Galvalume | |||||
| Brazil | $47-$49 | $1036-$1080 | $940-$980 | DDP loaded truck in US Gulf coast ports | up $1.00 cwt. |
| Vietnam | $47-$49 | $1036-$1080 | $940-$980 | DDP loaded truck in US Gulf coast ports | up $1.00 cwt. |
| Korea | $47-$49 | $1036-$1080 | $940-$980 | DDP loaded truck in US Gulf coast ports | newly heard |