US HDG prices up slightly week-over-week

Monday, 18 November 2019 00:00:12 (GMT+3)   |   San Diego

US domestic HDG prices may have firmed slightly, week-over-week, but year-over-year pricing is down substantially.  Sources close to SteelOrbis note that while mills are “doing their best” to push for transactions at the top end of the below ranges, “buyers have been resistant.”  

However, market sources agree that if scrap firms during the December buy cycle, US HDG prices will likely resume their uptrend.

Current US domestic HDG / Galvalume prices are listed in the chart below.

 

Product $/cwt $/mt $/nt Delivery Weekly change
US domestic HDG base price $34.50-$36.00 $761-$794 $690-$720 ex-mill up $0.50 cwt. on the top end 
Nov. 19 2018 $44-$46 $970-$1,014 $880-$920 n/a n/a
           
           
US domestic Galvalume base price $35.50-$37.00 $783-$816 $710-$740 ex-mill up $0.50 cwt. on the top end 
Nov. 19 2018 $44-$46 $970-$1,014 $880-$920 n/a n/a
           
           
0.019x41.5625 Gr80/AZ55 $47.50-$48.50 $1,047-$1,069 $950-$970 ex-mill neutral with deals
Nov. 19 2018 $54-$56 $1,191-$1,235 $1,080-$1,120 n/a n/a

 

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