Activity, inquiries and interest in the US import HDG and Galvalume markets have remained steady since our last report a week ago. Similar to last week, still-climbing US domestic prices have a growing number of buyers turning to offshore sources.
This week’s prices are listed in the chart below. Although most offshore offers have remained neutral, offer prices from Vietnamese steelmakers have become more favorable, as offer prices have declined between $5-$9 cwt. ($110-$198/mt or $100-$180/nt).
0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Last week | Delivery |
UAE | $100+/- | $2,205 | $2,000 | $100+/- | DDP loaded truck in US Gulf ports |
Vietnam | $91-$93 | $2,006-$2,050 | $1,820-$1,860 | $100+/- | DDP loaded truck in US Gulf ports |
Galvalume coil 019 Gr80/AZ55 | |||||
Vietnam | $95+/- | $2,094+/- | $1,900+/- | $100+ | DDP loaded truck in US Gulf ports |
Mexico | $100+ | $2,205+ | $2,000+ | $100+ | FOB Houston |