US domestic hot dipped galvanized (HDG) spot prices are steady but flexible this week, sources say, after prices declined the previous week. Sources cite softening HRC prices and increased capacity utilization rates for the flexibilty in HDG prices, although buyers are reportedly trending cautious. For this week, US domestic HDG and Galvalume prices are unchanged.
This week’s price ranges for coated steel products are listed in the chart below.
Product | $/cwt | $/mt | $/nt | Delivery | Weekly change |
US domestic HDG base price | $36-$37 | $794-$816 | $720-$740 | ex-mill | neutral but flexible |
US domestic Galvalume base price | $37-$38 | $816-$838 | $740-$760 | ex-mill | neutral but flexible |
0.019x41.5625 Gr80/AZ55 | $47-$48 | $1,036-$1,058 | $940-$960 | ex-mill | neutral but flexible |