The most commonly heard offer price for imported 0.012”x40.875” G30 hot dipped galvanized (HDG) coil from offshore providers has increased for the second week ago. Today, the most commonly heard offer price for 0.012”x40.875” G30 coil in the US domestic market from Pakistan and the UAE has risen by $3.00 cwt. ($66/mt or $60/nt), to $47-$48 cwt. ($1036-$1058/mt or $940-$960/nt), DDP loaded truck in US Gulf coast ports. The increase comes on the heels of a $1.00 cwt. ($22/mt or $20/nt) uptick in pricing that was seen one week prior.
The most commonly heard price range for 0.019x41.5625 Gr80/AZ55 Galvalume coil from Brazil has also risen since our last report a week ago.
The current offer price for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Brazil has risen by $4.00 cwt. ($88/mt or $80/nt), to $50-$51 cwt. ($1102-$1124/mt or $1000-$1020/nt), DDP loaded truck in US Gulf coast ports. This increase comes on the heels of a $4.00 cwt. ($88/mt or $80/nt) increase that was seen one week prior.
Further, offers for 0.019x41.5625 Gr80/AZ55 Galvalume coil in the US domestic market from Korea and Taiwan are now available, at $52-$53 cwt. ($1146-$1168/mt or $1040-$1060/nt), DDP loaded truck in US Gulf coast ports.
Trader sources say the higher price points are attributed to global upticks in raw materials costs.
| 0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | ||
| Pakistan / UAE | $47-$48 | $1036-$1058 | $940-$960 | DDP loaded truck in US Gulf coast ports | up $3.00 cwt. |
| 0.019x41.5625 Gr80/AZ55 Galvalume | |||||
| Brazil | $50-$51 | $1102-$1124 | $1000-$1020 | DDP loaded truck in US Gulf coast ports | up $4.00 cwt. |
| Korea / Turkey | $52-$53 | $1146-$1168 | $1040-$1060 | DDP loaded truck in US Gulf coast ports | newly offered |