US import HDG prices see some downward revisions

Tuesday, 19 September 2017 21:57:34 (GMT+3)   |   San Diego
       

The most commonly heard spot market prices for US import HDG and Galvalume coil have endured some downward revisions.

Trader sources have confirmed that the current US sales price for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil from the UAE, Turkey and India have softened by $0.50 cwt. ($11/mt or $10/nt) from levels heard in early September, whereas the current US sales price for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil from Brazil and Korea have softened by $2.50 cwt. ($55/mt or $50/nt). Lastly, the current US sales price for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil from Vietnam has ticked down by $3.50 cwt. ($77/mt or $70/nt), all DDP loaded truck in US Gulf coast ports.

Although the revisions bring current import pricing more in line with ex-mill pricing in the US, trader sources note that many customers are expressing increased interest in buying domestically due to favorable arrival times, as opposed to buying offshore.

0.012”x40.875” G30 HDG coil cwt.  metric ton net ton   change since last week
           
USA $47-$49 $1036-$1080 $940-$980 ex-mill neutral
UAE / Turkey / India $48-$50  $1058-$1108 $960-$1000 DDP loaded truck in US Gulf coast ports  down $0.50 cwt. 
           
0.019x41.5625 Gr80/AZ55 Galvalume          
           
USA $47-$49 $1036-$1080 $940-$980 ex-mill neutral
Brazil /Korea $47-$49 $1036-$1080 $940-$980 DDP loaded truck in US Gulf coast ports  down $2.50 cwt.
Vietnam $46-$48 $1014-$1058 $920-$960 DDP loaded truck in US Gulf coast ports  down $3.50 cwt.

Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

Turkey’s coated steel export prices weaken

20 Mar | Flats and Slab

MMK reports record coated rolled product shipments to local market in 2023

19 Mar | Steel News

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

CRC and coated steel prices in Turkey down slightly, discounts applicable

13 Mar | Flats and Slab

Tata Steel chooses Danieli for pickling and galvanizing line investment

12 Mar | Steel News

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab