US import HDG prices stable after holiday

Tuesday, 28 May 2019 20:07:10 (GMT+3)   |   San Diego
       

US import HDG coil prices from Egypt, Vietnam, and the UAE are mostly steady week-over-week, although sources close to SteelOrbis have indicated that deals are becoming more frequent, and as such, downward price revisions are expected in the near future.

Price revisions could come as soon as this week, sources note, adding that having had yesterday off from work due to Memorial Day holiday, the current week is off to a slow start.  

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 $50+ $1,102+ $1,000+ neutral DDP loaded truck in US Gulf ports 

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