Overall market conditions within the US import HDG and Galvalume coil markets in the current week is on par with what SteelOrbis reported seven days ago.
Buyers continue to be most interested in booking offshore tons related for specialty grade galvanized steel that US domestic mills are not producing, according to traders, although order activity from Mexican HDG producers has remained similar with what’s being seen in the US domestic market, due to similar lead times. Domestic lead times, sources note, are “somewhere between 7 and 9 weeks.”
Current pricing for import HDG and Galvalume coil are listed in the chart below.
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Product |
Price |
Weekly change |
Delivery |
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|
$/cwt |
$/mt |
$/nt |
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0.012”x40.875” G30 HDG coil |
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|
|
|
|
|
Egypt |
$49-$50 |
$1,080-$1,102 |
$980-$1,000 |
neutral |
DDP loaded truck in US Gulf ports |
|
Vietnam, UAE, Mexico |
$50+ |
$1,102+ |
$1,000+ |
neutral |
DDP loaded truck in US Gulf ports |
|
|
|
|
|
|
|
|
Galvalume coil 0.019x41.5625 Gr80/AZ55 |
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|
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|
|
Mexico |
$49-$51 |
$1,080-$1,124 |
$980-$1,020 |
neutral |
FOB Houston |