In the past week, the approximate range for US domestic HDG has narrowed by approximately $1.00 cwt. ($22/mt or $20/nt) on the top end to $37.00-$38.00 cwt. ($816-$838/mt or $740-$760/nt) ex-Midwest mill, and sources close to SteelOrbis say that deals may be available to those who are wanting to book larger tonnages. This has mirrored a similar trend seen within the cold rolled coil (CRC) markets, and some feel that mills will use the traditional “end-of-year” price softening to help make their case that “unfairly priced imports” are harming domestic producers. Although at this point, it’s anyone’s guess as to exactly when (although likely not “if”) a trade case will be filed, some have started to point to early in the first quarter, after mills close out their Q4 financial report.
| Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
| US domestic HDG base price | $37.00-$38.00 | $816-$838 | $740-$760 | down $1.00 cwt. on top end |
| 0.012”x40.875” G30 | ||||
| ex-Midwest mill | $45.00-$46.50 | $992-$1,025 | $900-$930 | neutral |
| 0.019”x48” G90 | ||||
| ex-Midwest mill | $46.00-$47.50 | $1,014-$1,047 | $920-$950 | neutral |
| US domestic Galvalume base price | ||||
| ex-Midwest mill | $37.00-$38.50 | $816-$849 | $740-$770 | neutral |
| 0.019x41.5625 Gr80/AZ55 | ||||
| ex-Midwest mill | $45.00-$47.00 | $992-$1,036 | $900-$940 | neutral |