US import HDG prices maintain a lateral trend

Wednesday, 15 February 2017 20:03:31 (GMT+3)   |   San Diego
       

The most commonly heard offer prices to US-based traders for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil and 0.019x41.5625 Gr80/AZ55 Galvalume coil have continued to trend sideways.

As with last week, offer prices for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Korea and Taiwan continue to hold in the approximate range of $52-$53 cwt. ($1146-$1168/mt or $1040-$1060/nt), DDP loaded truck in US Gulf coast ports.

Offer prices for Brazilian 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market have also remained lateral, at $50-$51 cwt. ($1102-$1124/mt or $1000-$1020/nt), DDP loaded truck in US Gulf coast ports.

Lastly, the most commonly heard offer prices for 0.012”x40.875” G30 coil in the US domestic market from Pakistan and the UAE are also unchanged, at $47-$48 cwt. ($1036-$1058/mt or $940-$960/nt), DDP loaded truck in US Gulf coast ports.

As with previous weeks, a number of US buyers continue to be reluctant in booking HDG and Galvalume coil from offshore mills, due to uncertainties with regard to possible tariffs that are still being considered by the Trump administration.

0.012”x40.875” G30 HDG coil cwt.  metric ton net ton    
Pakistan / UAE  $47-$48 $1036-$1058 $940-$960 DDP loaded truck in US Gulf coast ports  neutral
           
0.019x41.5625 Gr80/AZ55 Galvalume          
Brazil $50-$51 $1102-$1124 $1000-$1020 DDP loaded truck in US Gulf coast ports  neutral
Korea / Taiwan $52-$53 $1146-$1168 $1040-$1060 DDP loaded truck in US Gulf coast ports  neutral

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