The US import hot dipped galvanized (HDG) and Galvalume coil markets have continued their slow, sideways trend since our last report a week ago. Prices continue to trend mostly lateral, according to sources, but offshore mills are open to negotiating with anyone who is wanting to book a good-sized order.
SteelOrbis sources, however, say the market continues to be overshadowed by oversupply. Demand is good, they said, but not nearly enough to put a fast-enough dent in the stock-piles of coated steel that continue to permeate the market.
| Import HDG offers to the US | Cwt. | Metric ton (mt) | Net ton (nt) | Change from last week |
| 0.012”x40.875” G30 | ||||
| China* | $34-$36 | $750-$793 | $680-$720 | neutral but flexible |
| India* | $35-$36 | $772-$793 | $700-$720 | neutral but flexible |
| 0.019”x48” G90 | ||||
| China* | $35-$37 | $772-$816 | $700-$740 | neutral but flexible |
| India* | $36-$37 | $793-$816 | $720-$740 | neutral but flexible |
| Import Galvalume offers to the US | ||||
| 0.019x41.5625 Gr80/AZ55 | ||||
| China* | $35-$37 | $772-$816 | $700-$740 | neutral but flexible |
| India* | $37-$39 | $816-$838 | $740-$760 | neutral but flexible |
| Brazil* | $37-$39 | $816-$838 | $740-$760 | neutral but flexible |
| Korea* | $37-$39 | $816-$838 | $740-$760 | neutral but flexible |
| Taiwan* | $37-$39 | $816-$838 | $740-$760 | neutral but flexible |
| Mexico | $37-$39 | $816-$838 | $740-$760 | neutral but flexible |
| *DDP loaded truck in US Gulf ports |