Spot market prices within the US import hot dipped galvanized (HDG) and Galvalume markets are once again stable, week-over week. As reported previously, Brazilian offers are significantly lower than offers from other countries, because US import steel from Brazil is not subject to the Section 232 tariff.
In terms of import tonnages, the US Department of Commerce has reported that as of January 27, license data suggests that US buyers were expected to import 160,059 mt of hot dipped galvanized sheet and strip during the first month of 2020. In contrast, US DOC census data from 2019 shows the US imported 246,498 mt of hot dipped galvanized, sheet and strip, during the same reporting period last year.
This week’s offer prices are listed in the chart below.
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE | $48-$50 | $1,058-$1,102 | $960-$1,000 | neutral | DDP loaded truck in US Gulf ports |
| Brazil | $41-$42 | $904-$926 | $820-$840 | neutral | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Mexico, Brazil, Korea | $49-$50 | $1,080-$1,102 | $980-$1,000 | neutral | FOB Houston / DDP loaded truck in US Gulf ports |