Prices are still high and stable in the US domestic HDG market, although sources tell SteelOrbis that buyers are still wary about restocking at current levels. Rumors about prices starting to crack are filtering though the market, although some sources content that prices could stay strong into Q2, especially since US domestic scrap prices are expected to reverse trend and rise in March.
Current prices are listed in the chart below.
Product | $/cwt | $/mt | $/nt | Previous range | Delivery |
US domestic HDG base price | $70 +/- | $1,543 | $1,400 | $65-$67.50 | ex-mill |
US domestic Galvalume base price | $70 +/- | $1,543 | $1,400 | $65-$67.50 | ex-mill |
0.019x41.5625 Gr80/AZ55 | $80+ | $1,763 | $1,600 | $75 | ex-mill |