Spot market prices for US domestic HDG and Galvalume may have been “mostly steady” in our last report a week ago, but this week the upward price momentum has resumed. Current prices have ticked up another $1.00 cwt. ($22/mt or $20/nt), if not more, sources note, continuing to express concern that “what goes up must come down.”
The reasons for this week’s pricing uptick are similar to the “greatest hits” that market reporters and analysts across the industry have been writing about for the past several months: insufficient production, demand that’s outpacing supply, and the still-limited availability of spot market tons, which is making it difficult for non-contract buyers to build inventory.
Current prices are listed in the chart below.
| Product | $/cwt | $/mt | $/nt | weekly change | Delivery |
| US domestic HDG base price | $78-$79 | $1,720-$1,742 | $1,560-$1,580 | up $1.00 cwt and still firming | ex-mill |
| 0.012” G30 HDG coil | $88-$89 | $1,940-$1,962 | $1,760-$1,780 | up $1.00 cwt and still firming | ex-mill |
| US domestic Galvalume base price | $78-$79 | $1,720-$1,742 | $1,560-$1,580 | up $1.00 cwt and still firming | ex-mill |
| 0.019x41.5625 Gr80/AZ55 | $90+ | $1,984+ | $1,800+ | up $1.00 cwt and still firming | ex-mill |