US import HDG prices still “quite attractive” when compared against domestic offers

Monday, 24 January 2022 00:07:23 (GMT+3)   |   San Diego
       

US import HDG are still far more attractive than domestic offers for similar products. Similar to last week, import offers are still trending between $10-$20 cwt. ($220-$441/mt or $200-$400/nt) below domestic offers, depending on the product and the country.

Sources close to SteelOrbis believe this will continue to drive offshore orders, which in turn, will lead to additional upticks in import tonnages, and additional downward pressure on domestic pricing.

 

Product $/cwt $/mt $/nt last week Delivery
Imported 0.012” G30 HDG coil           
Vietnam /Turkey $72-$74 $1,587-$1,631 $1,440-$1,480 $72-$74 DDP loaded truck in US Gulf ports 
South Africa  $85 $1,874 $1,700 $85 DDP loaded truck in US Gulf ports 
Mexico $82-$84 $1,808-$1,852 $1,640-$1,680 $82-$84 FOB  Houston
           
Imported0.019x41.5625 Gr80/AZ55          
Vietnam $79 $1,742 $1,580 $79 DDP loaded truck in US Gulf ports
Korea / Taiwan $83-$85 $1,830-$1,874 $1,660-$1,700 $83-$85 DDP loaded truck in US Gulf ports

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