US import HDG prices stable, but still high

Monday, 01 February 2021 21:02:16 (GMT+3)   |   San Diego
       

Little, if anything has changed for US import HDG offer prices since our last report a week ago. As with last week, prices remain high and buyers are still concerned about booking futures at current prices. “We’re all pretty much waiting for the bubble to pop, and when it does, there’s concern about how far prices could fall,” one source said.

Current price ranges are listed in the chart below.

 

0.012” G30 HDG coil $/cwt $/mt $/nt weekly change Delivery 
South Africa / UAE/ Vietnam / Korea $68-$70 $1,499-$1,543 $1,360-$1,400 neutral  DDP loaded truck in US Gulf ports 
           
Galvalume coil  0.019x41.5625 Gr80/AZ55          
Vietnam / Korea $70-$75 $1,543-$1,653 $1,400-$1,500 neutral DDP loaded truck in US Gulf ports

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