Prices for US import HDG coil have shifted slightly week-over-week, but sources close to SteelOrbis have indicated that offshore interest for 0.012”x40.875” G30 HDG coil remains strong, despite near-level domestic offer prices.
“Sure, the domestics are making this now, but that’s not to say domestic supply is going to be stable,” a source said. “The concern is that the domestics will delay delivery times or at some point, stop making it again, so buyers need the offshore pipeline.”
Current prices are listed in the chart below.
0.012”x40.875” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
US domestic | $46-$48 | $1,014-$1,058 | $920-$960 | n/a | ex-mill |
Egypt | $46-$48 | $1,014-$1,058 | $920-$960 | Down $3.00 cwt on the bottom end, down $2.00 cwt on the top end | DDP loaded truck in US Gulf ports |
UAE | $48-$50 | $1,058-$1,102 | $960-$1,000 | down $2.00 cwt. on the bottom end | DDP loaded truck in US Gulf ports |