US import HDG prices wobble slightly

Tuesday, 25 June 2019 00:23:03 (GMT+3)   |   San Diego
       

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 

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