As previously predicted, spot market prices for US import HDG and Galvalume coil are on the rise. On August 24, SteelOrbis sources noted that while prices had remained stable week-over-week, an uptrend was likely on the horizon. This week, buyers have been informed of higher prices.
Although import HDG coil prices are up only slightly, the uptick in import Galvalume prices is notable. Additionally, domestic Galvalume coil of the same grade remains price comparative, at $45-$48 cwt. ($1,014-$1,058/mt or $920-$960/nt,) ex-mill.
“For the most part, the [import] Galvalume price is in line with the domestic price, but we have heard [import] prices all the way up to $50 cwt. ($1,102/mt or $1,000/nt),” a source said. “Galvalume is a hot item these days.”
In terms of import volumes, preliminary census data show 206,966 mt of US HDG imports arriving in July, compared to 191,108 mt (census data) in July 2019. As of Aug. 25, import permits for HDG totaled 155,872 mt for the month.
This week’s pricing is listed in the chart below.
| 0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
| South Africa / UAE/ Vietnam / Korea | $47-$48 | $1,036-$1,058/mt | $940-$960/nt | up $1.00 cwt. On the top end | DDP loaded truck in US Gulf ports |
| Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
| Vietnam / Korea | $46-$50 | $1,014-$1,102/mt | $920-$1,000/nt | previously $45 cwt. +/- | DDP loaded truck in US Gulf ports |