US HDG prices inch upward once again

Monday, 21 June 2021 09:27:54 (GMT+3)   |   San Diego

US domestic HDG and Galvalume coil prices are still climbing, sources note, adding that this is a “demand driven market that’s still being hurt by short supply.”

“As long as the lead times are out and service center inventories are down, we’re going to keep seeing prices get pushed higher,” a source said. “Service centers aren’t going to pull up their inventories at these [price] levels. There’s too much risk.”

Another source agreed.

“This is a tricky market, that’s for sure,” he said. “We’re almost at a year of constantly increasing prices. This is insane.”

This week’s prices are listed in the chart below.

 

Product $/cwt $/mt $/nt Last week Delivery
US domestic HDG base price $94-$96 $2,072-$2,116 $1,880-$1,920 $93-$96 ex-mill
0.012” G30 HDG coil  $105+ $2,315 $2,100+ $103+ ex-mill
           
           
US domestic Galvalume base price $94-$96 $2,072-$2,116 $1,880-$1,920 $93-$96 ex-mill
           
           
0.019x41.5625 Gr80/AZ55 $105+ $2,315 $2,100+ $104+ ex-mill

Marketplace Offers

HDG Coil

Thickness 0.5 - 4 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Prepainted Coil

Thickness 0.4 mm
Width 1,000 mm
Coil  R
  9002
Tedarikçi OZGUN METAL
View Offer

Prepainted Coil

Thickness 0.4 mm
Width 1,200 mm
Coil  R
  9002
Tedarikçi OZGUN METAL
View Offer

Similar articles

US flat steel prices rise with high scrap, mill price increases and lower steel output

US flat steel prices up amid scrap gains as weekly steel production soars to new high

US flat steel posts solid weekly gains on tight supply, lower imports and higher scrap

US flat steel prices continue double digit gains, amid tight supply, rising October scrap

US flat steel prices rise alongside higher October scrap even as flat steel imports post big gains

US long steel prices steady to up amid mill price increases and rising October scrap

US flat steel prices continue up amid supply concerns, rising October scrap

US flat steel prices up at Q4 start, HRC futures give back some recent gains

US flat steel prices move up ahead of Q4 start, futures gains reveal more uncertainty

US flat steel prices up again on scarce supply, longer lead times and import drop