Sources close to SteelOrbis have confirmed that spot market prices for US import HDG and Galvalume coil are stable, week-over-week, adding that while some buyers are expressing interest in booking tons from offshore sources, as current import pricing is below domestic offer pricing, others are less willing to take the risk.
"[Some] offshore prices are lower, for now, but the general expectation is that domestic prices are due for a correction," a source said. "Whether that happens tomorrow, next week, or in the first part of January, if domestic prices correct hard, whoever books import at today's prices may regret that decision by the time it arrives."
Current price are listed in the chart below:
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $48 | $1,058 | $960 | mostly neutral, with some higher quotes | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $49 | $1,080 | $980 | mostly neutral, with some higher quotes | DDP loaded truck in US Gulf ports |