License data from the US Department of Commerce shows that for the month of June, the US imported 219,892 mt of HDG coil from global sources, the bulk of which, 80,826 mt, was slated to arrive from Canada. In contrast, the US brought in 274,333 mt of HDG from global sources in June 2017.
Whether the licensed coil actually arrived from Canada has yet to be seen; it’s believed that some Canadian tons may have been cancelled due the implementation of a 25 percent tariff under Section 232.
Another thing to keep an eye on is import tonnages from Vietnam; for the month of June, license data show the US was expected to bring in 32,314 mt of HDG coil from Vietnam, which is more than three times the amount of HDG coil that was imported from that same country during June 2017.
In terms of current import pricing for 0.012”x40.875” G30 HDG coil, that has remained stable, as evidenced in the chart below. In contrast, the average import price for this same grade of steel, during the same reporting period in 2017, was between $44-$46 cwt. ($970-$1014/mt or $880-$920/nt), DDP loaded truck in US Gulf coast ports.
| 0.012”x40.875” G30 HDG coil | cwt. | metric ton | net ton | |
| UAE | $60-$61 | $1323-$1345 | $1200-$1220 | DDP loaded truck in US Gulf ports |
| South Africa | $62 | $1367 | $1240 | DDP loaded truck in US Gulf ports |
| Vietnam | $57-$58 | $1257-$1279 | $1140-$1160 | DDP loaded truck in US Gulf ports |