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 |