Offer prices from key import sources of hot dipped galvanized (HDG) and Galvalume coil in the US have stayed neutral since last week after declines through much of November and early December. Traders tell SteelOrbis that customer inquiries showed a noticeable uptick at the time, due to softening import prices contrasting with newly-firming US domestic spot prices.
But with lead times for offshore material now in late March, import interest has slowed substantially, but it isn't completely silent. Mexican prices in the range of $45.00-$47.00 cwt. ($992-$1,036/mt or $900-$940/nt) DDP loaded truck delivered into Houston, with lead times comparable to US domestic mills, are still low enough to keep US buyers interested.
| Import HDG offers to the US | Cwt. | Metric ton (mt) | Net ton (nt) | Change from last week |
| 0.012"x40.875" G30 | ||||
| India* | $46-$47 | $1,025-$1,047 | $930-$950 | neutral |
| China* | $46-$47 | $1,025-$1,047 | $930-$950 | neutral |
| Mexico** | $45-$47 | $992-$1,036 | $900-$940 | neutral |
| 0.019" x 48" G90 | ||||
| China* | $47-$48 | $1,036-$1,058 | $940-$960 | neutral |
| India* | $47-$48 | $1,036-$1,058 | $940-$960 | neutral |
| Taiwan* | $50-$51 | $1,102-$1,124 | $1,000-1,020 | neutral |
| Import Galvalume offers to the US | ||||
| 0.019x41.5625 Gr80/AZ55 | ||||
| Taiwan* | $48-$49 | $1,058-$1,080 | $960-$980 | neutral |
| Mexico** | $47-$49 | $1,036-$1,080 | $940-$980 | neutral |
| China* | $47.50-$48.50 | $1,047-$1,069 | $1,047-$1,069 | neutral |
**DDP loaded truck delivered into Houston