It’s been yet another week without imminent signs that “the sky is about to fall” in terms of a trade case filing, and trader sources have said they’re continuing to breath a bit easier than they were this time last month. “Everyone was worried the DOC was going to keep beating the piñata pretty hard,” according to one Midwest-based trader, “but now the temperature seems to have turned back down a bit.” Futures orders seem to be holding at a “hot idle”, and although some US buyers are still a bit wary of booking tons from India and China, others say they’re not too concerned about booking new orders.
| Import HDG offers to the US | Cwt. | Metric ton (mt) | Net ton (nt) | Change from last week |
| 0.012”x40.875” G30 | ||||
| China* | $42.00-$43.00 | $926-$950 | $840-$860 | neutral |
| India* | $42.50-$43.50 | $937-$959 | $850-$870 | neutral |
| 0.019" x 48" G90 | ||||
| China* | $40.50-$41.50 | $893-$915 | $810-$830 | neutral |
| India* | $42.50-$43.50 | $937-$959 | $850-$870 | neutral |
| Import Galvalume offers to the US | ||||
| 0.019x41.5625 Gr80/AZ55 | ||||
| China* | $43.00-$44.00 | $948-$970 | $860-$880 | neutral |
| India* | $43.00-$44.00 | $950-$970 | $860-$880 | neutral |
| *DDP loaded truck in US Gulf ports | ||||