Spot market prices for US import HDG and Galvalume are holding, sources note, adding that still-high US dometic prices have some domestic buyers looking offshore.
“When you look at domestic prices, offshore offers are increasingly attractive,” one trader source noted. “And since a lot of people think the domestic market could stay strong through the end of the year, and since demand doesn’t seem to be letting up, booking offshore makes sense.”
This week’s prices are listed in the chart below.
0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Delivery |
UAE, South Africa and Vietnam | $100+/- | $2,205 | $2,000 | DDP loaded truck in US Gulf ports |
Galvalume coil 019 Gr80/AZ55 | ||||
Vietnam | $100+ | $2,205+ | $2,000+ | DDP loaded truck in US Gulf ports |
Mexico | $100+ | $2,205+ | $2,000+ | FOB Houston |