Pricing for US import 0.012”x40.875” G30 HDG coil has shown increased flexibility since our last report a week ago, as offshore buyers have realized that they can lower offer prices to US buyers and “still make a killing even after the 25 percent Section 232 tariff.”
Order activity for this grade of HDG coil continues to be robust, as US domestic mills are still uninterested in producing it.
Current pricing, despite the recent flexibility, remains at near record-high levels.
0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | change since last week | |
UAE | $57-$59 | $1257-$1301 | $1140-$1180 | down $3.00 cwt. | DDP loaded truck in US Gulf ports |
Vietnam | $57-$58 | $1257-$1279 | $1140-$1160 | up $1.00 cwt on the top end | DDP loaded truck in US Gulf ports |
Pakistan | $56-$57 | $1235-$1257 | $1120-$1140 | new offer | DDP loaded truck in US Gulf ports |