US HDG, Galvalume coil prices “still firming”

Tuesday, 10 August 2021 23:05:25 (GMT+3)   |   San Diego
       

Sources close to Steel Orbis have confirmed that spot market prices for US domestic HDG and Galvalume coil have continued to firm, week-over-week, adding that the price range in which mills are quoting base price HDG and Galvalume coil remains “significant.”

As in previous weeks, sources are reporting that lead times are long and that spot market tons are hard to come by, which some find to be confusing, in that AISI data suggests that for week ending August 7, 2021, domestic mills’ capacity utilization rate was recorded at 84.8 percent.

Current HDG prices are listed in the chart below.

 

Product $/cwt $/mt $/nt $/cwt Delivery
US domestic HDG base price $103-$110 $2,271-$2,425 $2,060-$2,200 $101-$110 ex-mill
0.012” G30 HDG coil  $115+ $2,535+ $2,300+ $115+ ex-mill
           
           
US domestic Galvalume base price $103-$110 $2,271-$2,425 $2,060-$2,200 $101-$104+ ex-mill
           
           
0.019x41.5625 Gr80/AZ55 $115+ $2,535+ $2,300+ $112+ ex-mill

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