Spot market prices for US import HDG and Galvalume coil are once again stable, week-over-week. As with last week, buyers have remained reluctant in terms of booking tons offshore due to widespread belief that US prices will soften toward the middle-to-end of Q2. The current differential between domestic and import pricing, sources say, is not attractive enough to entice offshore order placement.
Current import spot market prices are listed below:
|
Product |
Price |
Weekly change |
Delivery |
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|
$/cwt |
$/mt |
$/nt |
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0.012”x40.875” G30 HDG coil |
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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 |
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Galvalume coil 0.019x41.5625 Gr80/AZ55 |
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Mexico |
$49-$51 |
$1,080-$1,124 |
$980-$1,020 |
neutral |
FOB Houston |