Spot market prices for US domestic HDG and Galvalume coil are mostly stable since our last report a week ago, although some sources close to SteelOrbis believe that additional upward adjustments could on the horizon.
“There are a lot of [production] outages between now and the end of the year, and I think that’s going to have an impact on price,” a source said.
Others, however, point to the slowing down of recent increases, and feel the market is at or near its ceiling. “It’s a crap shoot at this point,” a Midwest-based source added. “I feel like we’re either at the top of the market or we’re close. Prices are already obscene. I can’t imagine that they’ll go up too much farther than they already have.”
Current price ranges for HDG and Galvalume coil are listed in the chart below.
| Product | $/cwt | $/mt | $/nt | last week $/cwt | Delivery |
| US domestic HDG base price | $108-$110+ | $2,381-$2,425 | $2,160-$2,200 | $108-$110+ | ex-mill |
| 0.012” G30 HDG coil | $115+ | $2,535+ | $2,300+ | $115+ | ex-mill |
| US domestic Galvalume base price | $108-$110+ | $2,381-$2,425 | $2,160-$2,200 | $108-$110+ | ex-mill |
| 0.019x41.5625 Gr80/AZ55 | $115+ | $2,535+ | $2,300+ | $115+ | ex-mill |