US HDG prices keep climbing with no end in sight

Tuesday, 04 May 2021 00:41:35 (GMT+3)   |   San Diego
       

Spot market prices for US domestic HDG and Galvalume have continued to rise since our last report a week ago, and since early indicators point to an uptrend in scrap pricing this month, it’s believed that HDG and Galvalume prices will rise further.

“Inventory is tight, spot tons are almost impossible to come by, and there’s not enough supply to meet demand,” a source said. “If you look at basic supply/demand economics, higher prices shouldn’t surprise anyone.”

Current prices are listed in the chart below.

 

Product $/cwt $/mt $/nt last week Delivery
US domestic HDG base price $81-$83+ $1,786-$1,830+ $1,620-$1,660+ $78-$79 ex-mill
0.012” G30 HDG coil  $91-$93+ $2,006-$2,050+ $1,820-$1,860+ $88-$89 ex-mill
           
           
US domestic Galvalume base price $81-$83+ $1,786-$1,830+ $1,620-$1,660+ $78-$79 ex-mill
           
           
0.019x41.5625 Gr80/AZ55 $91+ $2,006+ $1,820+ $90+ ex-mill

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