US HDG prices have remained stable since our last report a week ago, and while mills have yet to announce a second, widely-expected price increase (which many believe will be done as an attempt to force the first increase into acceptance), market sources believe that HDG prices will, at the very least, remain steady.
“Prices aren’t great, but sideways is better than a downtrend,” a source said. “There are a lot of economic factors that will need to improve before we see a markets improvement in demand and pricing.”
Lead times, sources note, continue to hold in the range of 5-7 weeks, depending on the mill.
“All in all, the market is holding its course,” a second source added. “People are buying what they need, not a whole lot more, and we’re all still taking things day by day.”
Current HDG and Galvalume coil pricing is listed in the chart below.
| Product | $/cwt | $/mt | $/nt | Delivery | Weekly change |
| US domestic HDG base price | $31-$33 | $683-$728 | $620-$660 | ex-mill | neutral |
| US domestic Galvalume base price | $32-$34 | $705-$750 | $640-$680 | ex-mill | neutral |
| 0.019x41.5625 Gr80/AZ55 | $43-$45 | $948-$992 | $860-$900 | ex-mill | neutral, with deals available based on tonnage |