Activity and pricing within the US import HDG and Galvalume coil markets are once again stable, week-over-week.
Inventory levels are healthy, sources note, adding that buyers are still reluctant to book offshore tons for products that are available domestically out of concern that prices will erode into the summer.
Current prices from offshore sources in the US domestic market are listed in the chart below.
0.012”x40.875” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
Egypt | $49-$50 | $1,080-$1,102 | $980-$1,000 | neutral | DDP loaded truck in US Gulf ports |
Vietnam, UAE, Mexico | $50+ | $1,102+ | $1,000+ | neutral | DDP loaded truck in US Gulf ports |
Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
Mexico | $49-$51 | $1,080-$1,124 | $980-$1,020 | neutral | FOB Houston |