Trader sources have said it was only a matter of time before offer prices for US import HDG and Galvalume coil ticked downward. Import offers are soft, sources note, adding that overall order activity is light due to concerns over COVID-19.
As with last week, concerns about possible COVID-19 related supply chain disruptions continue to persist.
Current offer prices are listed in the chart below.
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $45 | $992 | $900 | down $3.00 cwt. | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $45-$46 | $992-$1,014 | $900-$920 | down $4.00 cwt. | FOB Houston / DDP loaded truck in US Gulf ports |