Little, if anything has changed within the US import HDG and Galvalume coil markets since our last report a week ago. Sources close to SteelOrbis say that orders have remained steady, but light, as many have concerns about the possible ramifications that partial US shutdowns, spurred by renewed coronavirus infection rates, may have on the manufacturing sector.
“The [COVID-19] situation in the US is extremely fluid and there’s some concern about booking steel that won’t get here for two months, because we have no idea what the situation will be in mid-to-late September,” a source said.
Current price points for US import HDG coil 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 |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $43-$44 | $948-$970/mt | $860-$880/nt | neutral | DDP loaded truck in US Gulf ports |