Spot market pricing for US import HDG and Galvalume coil market have remained mostly stable in the past two weeks, although some traders have noted that offshore mills are attempting to push for higher prices.
“We’ve heard some quotes up to $2.00 wt. ($44/mt or $40/nt) higher than what we heard last week, but we don’t think the numbers will stay there,” a source said. “Our sense is that the mills are testing the waters to see if anyone will bite.”
In terms of import volumes, data from the US Department of Commerce notes license data tonnage from September 2020 is within reach of census data from 2019. For September 2020, import permits for hot dipped galvanized sheet and strip totaled 174,387 mt, compared to 177,942 mt in census data totals for September 2019.
Current import HDG and Galvalume offers are listed in the chart below:
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $48 | $1,058 | $960 | mostly neutral, with some higher quotes | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $49 | $1,080 | $980 | mostly neutral, with some higher quotes | DDP loaded truck in US Gulf ports |