The most commonly heard offer price for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil in the US domestic market from the UAE continue to hold lateral since our last report a week ago, at $46-$47 cwt. ($1014-$1036/mt or $920-$940/nt), DDP loaded truck in US Gulf coast ports. Offer prices for this same product from Turkish and Indian producers in the US domestic market are also unchanged in the past seven days and are still being heard in a range that is $1.00 cwt. ($22/mt or $20/nt) below UAE pricing.
In terms of Galvalume, offer prices for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Korea and Taiwan have remained lateral at $52-$53 cwt. ($1146-$1168/mt or $1040-$1060/nt), DDP loaded truck in US Gulf coast ports, while offer prices for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Brazil and Mexico have held at $49-$50 cwt. ($1080-$1102/mt or $980-$1000/nt), DDP loaded truck in US Gulf coast ports.
Offer prices for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Vietnam are also steady, at $47-$48 cwt. ($1036-$1058/mt or $940-$960/nt), DDP loaded truck in US Gulf coast ports.
In terms of current import volumes, the most recent data from the US Department of Commerce indicates that for the month of February, the US imported 248,257 mt (license data) of hot dipped galvanized sheets and strip from global sources. The most significant offshore source of US import hot dipped galvanized sheets and strip was South Africa, at 22,055 mt (license data.)
| 0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | ||
| UAE | $46-$47 | $1014-$1036 | $920-$940 | DDP loaded truck in US Gulf coast ports | neutral |
| Turkey / India | $45-$46 | $992-$1014 | $900-$920 | DDP loaded truck in US Gulf coast ports | neutral |
| 0.019x41.5625 Gr80/AZ55 Galvalume | |||||
| Brazil / Mexico | $49-$50 | $1080-$1102 | $980-$1000 | DDP loaded truck in US Gulf coast ports | neutral |
| Vietnam | $47-$48 | $1036-$1058 | $940-$960 | DDP loaded truck in US Gulf coast ports | neutral |
| Korea / Taiwan | $52-$53 | $1146-$1168 | $1040-$1060 | DDP loaded truck in US Gulf coast ports | neutral |