Spot market prices for US import HDG and Galvalume coil markets are unchanged, week-over-week.
Sources close to SteelOrbis say they are keeping close tabs on the US domestic market, as it’s believed that while domestic prices may firm slightly in the second quarter, that excess capacity will place downward pressure on US prices toward the summer.
Demand has been described as being “fine,” and buyers continue to report they are only buying as needed.
| 0.012”x40.875” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| Egypt | $49-$50 | $1,080-$1,102 | $980-$1,000 | neutral | DDP loaded truck in US Gulf ports |
| Vietnam, UAE, Mexico | $50+ | $1,102+ | $1,000+ | neutral | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Mexico | $49-$51 | $1,080-$1,124 | $980-$1,020 | neutral | FOB Houston |