SteelOrbis has learned that Indian hot dipped galvanized (HDG) coil offers for the US with the specifications of of 0.012" by 40.875" G30 (0.30 mm x 1.04 m) have decreased by approximately $40/mt since last week, with most offers now ranging from $810/mt to $830/mt CFR FO in US Gulf ports. Indian offers to the US of 0.019" x 48" G90 (0.48 mm x 1.219 m) HDG coils have generally remained stable since last week, with most offers still ranging from $830/mt to $850/mt CFR FO in US Gulf ports.
Meanwhile, Taiwanese offers of 0.012" G30 HDG coil to the US have decreased by approximately $50/mt since last week, with most offers now ranging from $875/mt to $900/mt CFR FO in US Gulf ports. Taiwanese offers of 0.019" G90 to the US are unchanged since last week, remaining at a range of $900/mt to $920/mt CFR FO in US Gulf ports.
Import HDG coil offers from China to the US have remained stable since a week ago. Import HDG coil offers from China to the US, with the specifications of 0.012" G30 still range from approximately $780/mt to $800/mt CFR FO US Gulf ports. Chinese offers of 0.019" G90 for the US are still ranging from $800/mt to $820/mt CFR FO in US Gulf ports.
Korean offers of HDG to the US are still priced higher than those of other sources, with most Korean offers of 0.012" G30 remaining since last week at a level of $950/mt to $970/mt CFR FO US Gulf ports, and offers of 0.019" G90 still ranging from approximately $900/mt to $920/mt CFR FO in US Gulf ports.