US HDG spot prices stable but flexible

Tuesday, 18 February 2020 20:19:14 (GMT+3)   |   San Diego
       

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

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