SteelOrbis has learned that Chinese hot dipped galvanized (HDG) light gauge coil offers for the US with the specifications of 0.012" by 40.875" G30 (0.30 mm x 1.04 m) have gone up from last week and are now being offered at $900/mt and above, CFR FO in US gulf ports. Meanwhile, Chinese offers for 0.019" x 48" G90 (0.48 mm x 1.219 m) HDG coils have also gone up, and are being offered at $900/mt and above, CFR FO in US gulf ports.
Indian hot dipped galvanized (HDG) coil offers margins for the US with the specifications of 0.012" by 40.875" G30 (0.30 mm x 1.04 m) have remained neutral since last week, with offers continuing to be priced between $930/mt and $950/mt CFR FO in US Gulf ports. Indian offers for 0.019" x 48" G90 (0.48 mm x 1.219 m) HDG coils have remained neutral and continue to be offered at $930/mt and above, CFR FO in US Gulf ports.
Offers of 0.012" G30 out of Taiwan continue to hold strong, with offers continuing to range between $960/mt to $970/mt CFR FO in US Gulf ports. Taiwanese offers of 0.019" G90 to the US are also unchanged since last week, and continue to range from $940/mt to $950/mt CFR FO in US Gulf ports. Furthermore, Taiwanese offers of Galvalume (0.019" x 41.5625" Gr80/AZ55) coils for the US have also remained neutral continue to range from $960/mt to $970/mt CFR FO in US Gulf ports.