Ever-firming US flat rolled steel prices have continued to bolster interest in booking offshore, traders tell SteelOrbis.
Domestic HDG prices have maintained their uptrend in the past week and as such, interest in booking tons from offshore mills has remained strong due to the widening price differential between domestic and import material.
The most recently heard pricing for US import HDG is listed in the chart below.
0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | change since last week | |
USA | $49.50-$51.50 | $1091-$1135 | $990-$1030 | ex-mill | up $0.50 cwt. |
UAE / Turkey / Vietnam | $45-$47 | $992-$1036 | $900-$940 | DDP loaded truck in US Gulf coast ports | neutral |
South Africa | $47-$48 | $1036-$1058 | $940-$960 | DDP loaded truck in US Gulf coast ports | neutral |
0.019x41.5625 Gr80/AZ55 Galvalume | |||||
USA | $49.50-$51.50 | $1091-$1135 | $990-$1030 | ex-mill | up $0.50 cwt. |
Brazil / Vietnam | $46-$48 | $1014-$1058 | $920-$960 | DDP loaded truck in US Gulf coast ports | neutral |
Taiwan | $50-$51 | $1102-$1124 | $1000-$1020 | DDP loaded truck in US Gulf coast ports | neutral |