US import HDG market still trending sideways

Tuesday, 10 September 2019 01:07:23 (GMT+3)   |   San Diego
       

The sideways trend within Gr80/AZ55 Galvalume coil markets continues to persist this week, but while pricing is steady week-on-week, year-over-year pricing has dropped significantly. Last year’s high price points were directly attributed to the implementation of Section 232 tariffs.  Now that concerns about supply disruptions have abated, and US mills are producing more steel, pricing has stabilized.

Current import HDG prices are listed in the chart below.
 

0.012”x40.875” G30 HDG coil $/cwt $/mt $/nt Weekly change Delivery 
           
Brazil / Egypt $46 $1,014 $920 neutral DDP loaded truck in US Gulf ports 
UAE, South Africa, Mexico $47-$49 $1,036-$1,080 $940-$980 neutral DDP loaded truck in US Gulf ports 
Sept. 2018. UAE, Vietnam, Pakistan, Mexico $56-$59 $1,235-$1,301 $1,120-$1,180 n/a DDP loaded truck in US Gulf ports  & FOB Houston (MX)
           
Galvalume coil  0.019x41.5625 Gr80/AZ55          
Mexico, Brazil, Korea $48-$50 $1,058-$1,102 $960-$1,000 neutral FOB Houston
Sept. 2018, Vietnam  Mexico  $56-$57 $1,235-$1,257 $1,120-$1,140 n/a DDP loaded truck in US Gulf ports  & FOB Houston (MX)

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