US import HDG sellers say interest in booking offshore remains high

Tuesday, 06 February 2018 22:43:02 (GMT+3)   |   San Diego
       

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 

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