Spot market prices for US import HDG and Galvalume coil have remained neutral in the past seven days. Last week, import prices shifted downward by $2.00-$3.00 cwt. ($44-$66/mt or $40-$60/nt), due to global economic pressures brought on by the coronavirus. Sources close to SteelOrbis have said that interest in booking offshore “is still there,” due to a belief that domestic prices are about to resume an uptrend.
It should further be noted that year-over-year prices are down substantially.
Current offer prices are listed in the chart below.
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $43 +/- | $948/mt | $860/nt | neutral | DDP loaded truck in US Gulf ports |
| Average price May 14, 2019 | $49-$50 | $1,080-$1,102 | $980-$1,000 | neutral | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $42-$43 | $926-$948/mt | $840-$860/nt | neutral | FOB Houston / DDP loaded truck in US Gulf ports |
| Average price May 14, 2019 | $49-$51 | $1,080-$1,124 | $980-$1,020 | neutral | DDP loaded truck, US Gulf ports |