Prices, order activity and inquires within the US domestic hot dipped galvanized (HDG) and Galvalume coil markets may be neutral since our last report a week ago but many are starting to wonder if mills may try to push out another price increase if the US CRC trade case petitions move forward. It’s widely believed that a HRC trade case could be on the horizon and if that happens, sources close to SteelOrbis believe “it’s just about guaranteed that US mills will try to push the envelope.”
That being said, the most commonly reported spot price transaction range is once again neutral week-on-week, as base price HDG coil continues to trend in the approximate range of $28.00-$29.00 cwt. ($617-$639/mt or $560-$580/nt), ex-Midwest mill.
| Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
| US domestic HDG base price | $28-$29 | $617-$639 | $560-$580 | neutral |
| 0.012”x40.875” G30 | ||||
| ex-Midwest mill | $38-$40 | $838-$882 | $760-$800 | neutral |
| 0.019”x48” G90 | ||||
| ex-Midwest mill | $38-$40 | $838-$882 | $760-$800 | neutral |
| US domestic Galvalume base price | ||||
| ex-Midwest mill | $29-$31 | $639-$683 | $580-$620 | neutral |
| 0.019x41.5625 Gr80/AZ55 | ||||
| ex-Midwest mill | $39-$40 | $860-$882 | $780-$800 | neutral |