US import HDG prices hold steady after 2 weeks of increases

After two weeks of back-to-back price firming, SteelOrbis sources have confirmed that spot market prices for US import HDG and Galvalume coil have steadied. Order activity and inquiries continue to be down, year-over-year, sources note, due to lessened demand from end-use markets. A second factor that's impacting offshore order activity, sources note, is the fact that imported material is now priced above domestic mills' price points.

Current pricing is listed in the chart below.