Some spot market prices for US domestic hot dipped galvanized and Galvalume coil have continued to inch upward since our last report a week ago, and many market players are questioning how high prices will go before the current uptrend levels off.
Prices are expected to show signs of leveling during the next two weeks, although it’s widely believed that mills could push for another price increase as soon as next month. Market players say they are still anxiously awaiting a decision from the Trump administration on the Section 232 investigation; should Trump decide to implement tariffs and duties on imported steel (as was done last month on imported solar panels), the pricing trajectory for US HDG could prove to be much stronger than currently anticipated.
Current prices for US HDG coil are listed in the chart below.
| Cwt. | Metric Ton (mt) | Net ton (nt) | Change from last week | |
| US domestic HDG base price | $41.00-$42.50 | $904-$937 | $820-$850 | up $0.50 cwt on the bottom end |
| 0.012”x40.875” G30 | ||||
| ex-Midwest mill | $49.50-$51.50 | $1091-$1135 | $990-$1030 | neutral |
| 0.019”x48” G90 | ||||
| ex-Midwest mill | $49.50-$51.50 | $1091-$1135 | $990-$1030 | neutral |
| US domestic Galvalume base price | ||||
| ex-Midwest mill | $41.00-$42.50 | $904-$937 | $820-$850 | up $0.50 cwt on the bottom end |
| 0.019x41.5625 Gr80/AZ55 | ||||
| ex-Midwest mill | $49.50-$51.50 | $1091-$1135 | $990-$1030 | neutral |