US import HDG markets hold their course

Wednesday, 20 May 2015 23:40:52 (GMT+3)   |   San Diego
       

Market players within the US domestic and import hot dipped galvanized (HDG) coil markets have confirmed the past seven days have been relatively uninteresting.  Prices remain steady, according to SteelOrbis sources, but there is still a lot of coated steel that’s hanging around the docks at US Gulf coast ports.  US import tonnages for March and April were high, at 331,569 mt (census data) and 238,704 mt (license data), respectively, and sources have said that while demand is still pretty good, it will take quite a bit of time to work through the supply glut.

 

 

Import HDG offers to the US Cwt. Metric ton (mt) Net ton (nt) Change from last week
         
0.012”x40.875” G30        
         
China* $34-$36 $750-$793 $680-$720 neutral but flexible 
India* $35-$36 $772-$793 $700-$720 neutral but flexible 
         
0.019”x48” G90        
         
China* $35-$37 $772-$816 $700-$740 neutral but flexible 
India* $36-$37 $793-$816 $720-$740 neutral but flexible 
         
         
Import Galvalume offers to the US        
0.019x41.5625 Gr80/AZ55        
         
China* $35-$37 $772-$816 $700-$740 neutral but flexible 
India* $37-$39 $816-$838 $740-$760 neutral but flexible 
Brazil* $37-$39 $816-$838 $740-$760 neutral but flexible 
Korea* $37-$39 $816-$838 $740-$760 neutral but flexible 
Taiwan* $37-$39 $816-$838 $740-$760 neutral but flexible 
Mexico $37-$39 $816-$838 $740-$760 neutral but flexible 
*DDP loaded truck in US Gulf ports        

 


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