Spot market pricing for the US import HDG and Galvalume coil market has ticked upward since our last report a week ago.
Of note is that US import 0.019x41.5625 Gr80/AZ55 Galvalume coil pricing is currently in the same price range as domestic offerings, which has some buyers reluctant to book tons offshore. This is especially true in that many within the market believe that US flat rolled steel prices are likely to endure correction before the end of the year.
Current import HDG and Galvalume offers are listed in the chart below:
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $48-$50 | $1,058-$1,102/mt | $960-$1,000/nt | up $2.00 cwt. On the bottom end | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $49-$51 | $1,080-$1,124 | $980-$1,020/nt | up $3.00 cwt on the bottom end, up $1.00 cwt, on the top end | DDP loaded truck in US Gulf ports |