Despite concerns that near-catastrophic winter weather patterns in the US could cause domestic finished steel prices to climb in the short term, buyers say they’re still “reluctant to purchase high priced imported steel that won’t get here for 4 months.”
Offshore prices continue to be strong, sources note, due to healthy demand and higher global input costs.
Current import pricing is listed in the chart below.
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | weekly change | Delivery |
| UAE | $68-$70 | $1,499-$1,543 | $1,360-$1,400 | neutral | DDP loaded truck in US Gulf ports |
| non-UAE offers | $75+ | $1,653 | $1,500 | newly heard | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam | $70 +/- | $1,543 | $1,400 | neutral | DDP loaded truck in US Gulf ports |
| non-Vietnam | $75+ | $1,653 | $1,500 | newly heard | DDP loaded truck in US Gulf ports |