US import HDG prices drop

Tuesday, 24 April 2012 02:01:55 (GMT+3)   |  

Import hot dipped galvanized (HDG) and Galvalume prices from offshore have been little changed since the beginning of the year, but with activity as quiet as it has been in recent weeks due to high-volume import orders placed back in January as well as an unstable US domestic price trend, trader sources indicate that offshore mills may be more willing to negotiate prices in the coming weeks. While new prices from China and Taiwan are flat, Indian mills have expressed willingness to officially drop, or at least discuss price cuts of up to $1.00 cwt. ($22/mt or $20/nt).

Meanwhile, south of the border, Mexican mills have been especially aggressive over the last couple weeks, becoming increasingly hungry for orders. For a larger order, mills can be persuaded to drop HDG 0.012"x40.875" G30 prices by as much as $1.00 cwt. while Mexican Galvalume 0.019x41.5625 Gr80/AZ55 offer prices have already declined by $1.00 cwt. to $46.50-$47.50 cwt. ($1,025-$1,047/mt or $930-$950/nt) DDP loaded truck delivered into Houston.

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 $1,014-$1,036 $920-$940 neutral
China* $45-$46 $992-$1,014 $900-$920 neutral
Mexico** $45-$46 $992-$1,014 $900-$920 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* $48-$49 $1,058-$1,080 $960-$980 neutral
         
Import Galvalume offers to the US         
0.019x41.5625 Gr80/AZ55        
Taiwan* $49-$50 $1,080-$1,102 $980-$1,000 neutral
Mexico** $46.50-$47.50 $1,025-$1,047 $930-$950 ↓ $1.00 cwt.
China* $49-$50 $1,080-$1,102 $980-$1,000 neutral
*DDP loaded truck in US Gulf ports

**DDP loaded truck delivered into Houston


Similar articles

Import HDG offers drawing muted response from US customers

25 Sep | Flats and Slab

US import HDG activity remains sluggish amid market and price uncertainty

18 Sep | Flats and Slab

Long lead times hinder US import HDG activity

24 Jul | Flats and Slab

US import HDG market exhibits improved order activity

17 Jul | Flats and Slab

US import HDG activity continues to slow despite falling prices

26 Jun | Flats and Slab

Discounting keeps US import HDG activity afloat

17 Apr | Flats and Slab

US import HDG activity slow and steady

10 Apr | Flats and Slab

US import HDG activity slows further

13 Mar | Flats and Slab

US import HDG prices drop after last week’s minor increase

06 Mar | Flats and Slab

US import HDG import activity to remain slow

22 Feb | Flats and Slab

Marketplace Offers

HDG Coil
Thickness:  0.5 - 4 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
HDG Trapezoid Sheet
Thickness:  0.25 - 0.47 mm
Width:  925 mm
Length:  0 mm
FALCON STEEL (PTY) LTD
Prepainted Coil
Thickness:  0.4 mm
Width:  1,000 mm
Coil:   R
9002
OZGUN METAL