Little, if anything, has changed within the US import hot dipped galvanized (HDG) and Galvalume markets since our last report a week ago. Offer prices are neutral, sources note, adding that order activity and inquiries have also remained stable.
As noted previously, Brazilian price points are significantly lower than offers from other countries because US import steel from Brazil is not subject to the Section 232 tariff.
Current offer prices are listed in the chart below.
0.012” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
South Africa / UAE | $48-$50 | $1,058-$1,102 | $960-$1,000 | neutral | DDP loaded truck in US Gulf ports |
Brazil | $41-$42 | $904-$926 | $820-$840 | neutral | DDP loaded truck in US Gulf ports |
Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
Mexico, Brazil, Korea | $49-$50 | $1,080-$1,102 | $980-$1,000 | neutral | FOB Houston / DDP loaded truck in US Gulf ports |