Some import offer prices to the US rose again in the past week but the higher prices are proving to be nearly unsellable to US customers. Chinese and Indian CFR offer prices to the US on HDG 0.012"x40.875" G30 and HDG 0.019" x 48" G90 have risen by $10-$20/mt in the last week, but trader sources have indicated that no new orders have been placed at the higher prices, which would put HDG 0.019" x 48" G90 import sales prices above US domestic spots. Consequently, sales prices in the US have not moved since last week; traders have had to cut margins in order to entice US buyers to place orders.
Nonetheless, Indian HDG 0.012"x40.875" G30 sales prices in the US are on the high end of $42.00-$43.00 cwt. ($926-$948/mt or $840-$860/nt) DDP loaded truck in US Gulf ports, and have potential to increase by next week. Meanwhile, Chinese Galvalume 0.019x41.5625 Gr80/AZ55 offer prices have also risen in the last week, and mills are now asking for upwards of $45.00 cwt. ($992/mt or $900/nt) DDP loaded truck in US Gulf ports, above US domestic spot prices and therefore uninteresting to potential US buyers.
| Cwt. | Metric ton (mt) | Net ton (nt) | Change from last week | |
| Import HDG offers to the US | ||||
| 0.012"x40.875" G30 | ||||
| China* | $41-$42 | $904-$926 | $820-$840 | neutral |
| India* | $42-$43 | $926-$948 | $840-$860 | neutral |
| 0.019" x 48" G90 | ||||
| China* | $44.50-$45.50 | $981-$1,003 | $890-$910 | neutral |
| India* | $42-$43 | $926-$948 | $840-$860 | neutral |
| Import Galvalume offers to the US | ||||
| 0.019x41.5625 Gr80/AZ55 | ||||
| Mexico** | $43-$45 | $948-$992 | $860-$900 | neutral |
| China* | $44-$45 | $970-$992 | $880-$900 | neutral |
| Taiwan* | $44-$45 | $970-$992 | $880-$900 | neutral |
**DDP loaded truck delivered into Houston