SteelOrbis has learned that India’s offers of HDG (hot dip galvanized) coils for the US, with the specifications of 0.019" x 48" G90 (0.48 mm x 1.219 m) have trended sideways since last week, with most offers still ranging from about $600 /mt to $620 /mt CFR FO US Gulf ports. Offers of the same size and coating (0.019" x 48" G90) from Taiwan also remain in the same price range as last week, with most offers ranging from $620 /mt to $650 /mt CFR FO US West Coast ports. South Korean offers of the same size and coating range from $600 /mt to $620 /mt CFR FO US West Coast ports, which is also unchanged from last week. HDG offers from China for the US for 0.019" G90 still range from $620 /mt to $640 /mt CFR FO US Gulf ports.
The offering price range from India to the US for HDG coils with the specifications of 0.012" by 40.875" G30 (0.30 mm x 1.04 m) remains at $640 /mt to $660 /mt CFR FO Gulf ports, while Chinese offers for 0.012" G30 still range from approximately $660 /mt to $680 /mt CFR FO Gulf ports. Taiwanese offers of the same size and coating are also stable from last week at a range of $680 /mt to $700 /mt CFR FO West Coast ports. South Korean offers are still at the level of $640 /mt to $660 /mt CFR FO West Coast ports.
Import HDG offers for the US trend sideways for another week
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