An influx of imports, declining raw materials costs and the slow start of the “end of year slowdown” are all taking a toll on US domestic hot dipped galvanized prices, as a $0.50 cwt. ($11/mt or $10/nt) price softening has taken place nearly across the board. Today, the most commonly reported spot price transaction range for base price HDG has been revised to $35.50-$37.50 cwt. ($783-$827/mt or $710-$750/nt), ex-Midwest mill.
“Order activity isn’t terrible,” according to one Midwest-based service center source, “but scrap prices are falling, HRC prices are coming down and there’s a ton of imports that are arriving at the docks. It’s the trifecta.”
| Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
| US domestic HDG base price | $35.50-$37.50 | $783-$827 | $710-$750 | down $0.50 cwt. |
| 0.012”x40.875” G30 | ||||
| ex-Midwest mill | $44.00-$46.00 | $970-$1,014 | $880-$920 | down $0.50 cwt. |
| 0.019”x48” G90 | ||||
| ex-Midwest mill | $45.50-$46.50 | $1,003-$1,025 | $910-$930 | down $0.50 cwt. |
| US domestic Galvalume base price | ||||
| ex-Midwest mill | $36.00-$38.00 | $794-$838 | $720-$760 | down $0.50 cwt. |
| 0.019x41.5625 Gr80/AZ55 | ||||
| ex-Midwest mill | $44.00-$46.00 | $970-$1,014 | $880-$920 | neutral, but flexible |