As with last week, US import HDG prices have remained stable. Sources close to SteelOrbis have said that a growing number of customers have become wary of booking offshore because they’re concerned that domestic prices will dip before imported material arrives at the dock. Current domestic prices are still high, but stable, however, some believe that the market has “reached its peak,” and that prices are “more likely to correct than they are to go up again.”
Current import pricing is 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 |