US buyers wary of booking import HDG tons

Tuesday, 22 January 2019 22:12:36 (GMT+3)   |   San Diego
       

Ongoing pricing volatility within the US domestic HDG market has many domestic buyers reluctant to US import Galvalume coil, despite last week’s marked dip in prices.

Buyers say they are taking a wait-and-see approach, especially since there is concern that domestic prices for Galvalume coil could still revise downward.  The current spread between US domestic and import Galvalume coil, sources note, is not attractive enough to spur significant interest.

Order activity for 0.012’ G30 coil, however, has remained stable

US HDG import data is still unavailable, as US government websites have been offline for more than 30 days due to the government shutdown.

 

0.012”x40.875” G30 HDG coil cwt.  metric ton net ton change since last week change between Jan 8 and Jan 15  
             
Egypt $47.50-$50.00 $1,047-$1,102 $950-$1,000 neutral newly heard DDP loaded truck in US Gulf ports 
Vietnam $47.50-$50.00 $1,047-$1,102 $950-$1,000 neutral down $2.50 cwt on the bottom end, down $2.00 cwt on the top end  DDP loaded truck in US Gulf ports 
Brazil $46-$47 $1,014-$1,036 $920-$940 neutral down $4.00 cwt. on the bottom end, down $3.00 cwt. on the top end  DDP loaded truck in US Gulf ports 
             
Galvalume coil  0.019x41.5625 Gr80/AZ55            
Vietnam  $49-$50 $1,080-$1,103 $982-$1,003 neutral down $3.00 cwt on the bottom end, down $4.00 cwt, on the top end  DDP loaded truck in US Gulf ports 
Mexico $49-$50 $1,080-$1,103 $982-$1,003 neutral down $3.00 cwt on the bottom end, down $4.00 cwt, on the top end  FOB Houston
USA $50-$52 $1,102-$1,146 $1,000-$1,040 neutral  n/a ex-mill

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